28 Gloucester Place

Warragul VIC 3820

1090 m²

House

Currently for sale - view listing

Overview

Rare Inner-Town Opportunity – 1090sqm with Plans & Permits in Place

Set on a generous and increasingly rare 1090 sqm allotment, this property presents a unique opportunity for homeowners, investors, or developers alike. With approved plans and permits already in place for a three-lot subdivision - and the majority of preliminary work completed - this is a true shovel-ready project primed for immediate action or future gain. Currently a comfortable family home, the residence offers three well-sized bedrooms, a central bathroom, a dedicated study, and multiple living zones including two separate living areas and an additional loungeroom - perfect for growing families or flexible living arrangements. A large 6m x 6m carport and expansive backyard further enhance the home's practicality and appeal. The subdivision has been thoughtfully designed to maximize the block's potential: - Block 1: 302sqm - Block 2: 312sqm - Block 3: 338sqm Whether you choose to renovate and enjoy the home while planning your development or take advantage of the ready-to-go subdivision immediately, the possibilities here are substantial. Previously rented out, the property also offers holding income while you plan your forthcoming opportunities. Positioned in a highly sought-after inner-town location, you'll enjoy proximity to local cafés, schools, public transport, the golf course, and the town centre - making this an attractive prospect for future buyers or tenants alike. Opportunities of this scale and readiness are increasingly hard to find. All the hard work has been done - now it's ready for its next owner to capitalise.