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All that patient waiting for that prime development opportunity to pop up has finally paid off! This amazing 660m2 corner block is located in the ever-growing Springvale, zone GRZ3 that allows 3 storey height townhouses, attached or semi-detached (STCA).
As the current property is vacant, this affords you much flexibility. Choose to get your development project quickly underway, or rent it out as you ponder future plans. The home itself features four bedrooms, a shared bathroom with two separate toilets, large living area with timber floorboards, kitchen with gas appliances, and split system heating and cooling. Outside, enjoy a deck and pergola.
It's all about location in the real estate game, and this property doesn't disappoint on that front. Situated within 10 minutes walking distance to Springvale station and Springvale Central, there's also an abundance of public and private schools nearby. With a number of large infrastructure plans in place for Springvale (for example, the Springvale Boulevard Project and the new Hyatt Place development), buy now and reap the long term capital growth rewards.
NOTE: the adjacent property at 18 Bessemer St is also up for sale, providing a rare opportunity for savvy developers to buy one or both pieces of land. Combined land size is approx. 1340m2.
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