1,065 sqm approx. with a four-townhouse planning permit

On a substantial 1,065 sq m approx. block, this sixties classic is ready to make way for four luxurious new townhouses; two featuring a four bedroom design and two boasting a two bedroom design. With a planning permit in place, developers can quickly kick-start their next multi townhouse project or choose to renovate or build a single dream residence and reap the rewards much sooner.

With four bedrooms and two bathrooms, this modest home is currently tenanted and set to provide additional cashflow while finalising project timelines.

Metres from Templestowe Heights Primary School and Templestowe College, walk to Macedon Plaza and buses that travel to easily to private schools, Westfield Doncaster, and along the freeway into the city.

* Substantial 1,065 sq m approx. block with a modest four bedroom home
* Comes with a planning permit to build four luxurious new townhouses
* Choose to renovate, build a dream residence or multi development with the existing planning permit
* Currently tenanted to provide additional cashflow while finalising preparations
* Metres from Templestowe Heights Primary and Templestowe College
* Walk to Macedon Plaza and buses bound for private schools, Westfield and the city