With a location that's central to it all and an exciting 652sqm (approx.) allotment with coveted DDO8 zoning, this excellent development opportunity (STCA) is hard to beat!
An existing three-bedroom home that's neat and tidy and perfectly liveable can offer an excellent stream of income should you wish to lease the property whilst plans and permits are being approved. Or, you could comfortably live in the home yourself until you're ready to extract full value from this rewarding property by developing something worthy of its five-star location (STCA).
In fact, when it comes to locations, they hardly come any more convenient. To the left on Doncaster Rd stands the shopping, dining and entertainment haven that is Westfield Shoppingtown. In the opposition direction, take your pick from Jackson Court shops, Devon Plaza and Tunstall Square shops. Head straight up Victoria St and you'll find yourself admiring the scenic beauty of Ruffey Lake Park, and if you head the other way and hop on the Eastern Freeway, you can reach the CBD or Mornington Peninsula (via Eastlink) in quick time. Then, of course, there's the convenient access to the area's well-regarded schools, sporting reserves and bus services.
Evidently, it's the chance of a lifetime.
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