Build Two x 6 Bedroom Family Homes or Two x 8 Bedroom Rooming Houses

Take this opportunity and maximise its 24m frontage and 831m2 of land approx.

Permit approved to build two x side by side (own driveways) with 6 bedroom, 4 bathroom, double garage and 6 bedroom, 4 bathroom, 1 extra powder room, double garage family residences or reap a calibre rental income by opting to build two x side by side with a total of 16 bedroom with ensuite rooming houses/student accommodation (preliminary drawing available, STCA). The potential rental income is approx $250,000 per year.

Currently sitting on the land is a tenanted 3 bedroom home for direct income generation while finalising your plans.

Features:
- short distance to the internationally recognised Deakin University and highly regarded PLC (Presbyterian Ladies College)
- centralised to shops including walking distance to Warrigal Rd/Burwood Highway shops/cafes/restaurants, minutes drive to Chadstone shopping centre, Box Hill Central and KMart Burwood.
- walk to trams on Burwood Highway, with trains are only minutes away at Jordanville Station and Holmesglen Station.

For more information on current plans & permit or to arrange a site inspection, please contact your Ray White agent Sandra Sutikno on 0423 902 962 or Helen Yan 0404 078 588.