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Situated on 864sqm approximately with DD08 zoning, this residence offers a great development opportunity in the leafy suburb of Templestowe. This site boasts an approved Planning Permit and Endorsed Plans for 5 substantial two storey dwellings with basement double garage, which will each feature four bedrooms and two bathrooms, plus ensuite, overlooking wonderful views of the Dandenong Ranges.
The existing north facing home is set on the high side of the street and flooded with natural light. It comprises an open plan spacious living/meals area leading to a large covered alfresco space and four well sized bedrooms with the master bedroom with walk in robe and ensuite occupying the top floor.
This development site offers the savvy investor a rare opportunity to commence development of a residential project within a popular market.
NOTE | images supplied are from 2019
To view the due diligence checklist for home and residential property buyers copy link
https://www.consumer.vic.gov.au/duediligencechecklist.
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