1818 Ferntree Gully Rd

Ferntree Gully VIC 3156

725 m²

House

Currently for sale - view listing

Overview

Approved for 4 Townhouses on 725m² - Build Now or Hold

Sites like this don't come around often. Set on approximately 725m² with a 16.4m frontage, this property comes with plans and permit for four townhouses already in hand. Most of the planning work is done, so you can move straight to building. The existing three-bedroom, one-bathroom home is comfortable enough to live in or lease while you finalise finance and builder quotes. That gives you rental income during the holding period and flexibility on when you start. The land is a regular, rectangular block (approx. 16.4m x 42.5m-43.3m) with a rear width of 17.8m. It sits on the Ferntree Gully Road service road, which gives you main-road convenience with a quieter access point. The Dandenong Ranges are right on the horizon, and the location is already family-friendly: - Mountain Gate Primary School - 650m - HV Jones Reserve - 1.0km - Knox Regional Netball Centre - 2.1km - Koolamara Waters - 3.2km This suits developers, builders, and investors who want a shortcut through council, as well as owner-occupiers who want to live on the site now and develop later. Key features * Approx. 725m² allotment * Plans and permit for 4 townhouses (Permit No. [insert]) * Existing 3 bed, 1 bath home, can be lived in or leased while holding * 16.4m frontage to service road * Walk to Mountain Gate Primary School