Strategically positioned in Springvale's highly sought-after General Residential Zone Schedule 3, this expansive 920sqm (approx.), 20.11m wide frontage, level and rectangular allotment presents an exceptional opportunity to redevelop with multiple dwellings (STCA).
Currently tenanted, the property provides immediate rental income while investors, builders, or developers prepare plans and secure permits (STCA), offering both flexibility and future upside.
The existing residence is well-maintained and generously proportioned, featuring two spacious bedrooms plus two sleepoutsideal for families or tenants seeking comfort and flexibility. The home is complemented by two well-appointed bathrooms, a separate toilet, and two sleepouts, ensuring practicality and flexibility for larger households.
A functional floorplan allows for seamless flow between living, dining, and private zones, creating a warm and inviting environment suited to everyday living.
Perfectly located for lifestyle convenience, the property is within easy walking distance to Springvale Shopping Centre, Springvale Market Square, Springvale Train Station, local bus services, medical clinics, St Joseph's Primary School, Springvale Rise Primary School, Killester College, Westall Secondary College, Springvale Library, and nearby parklands. A short drive provides access to Monash University, Sandown Racecourse, IKEA, Monash Medical Centre, Victorian Heart Hospital, M-City Shopping Centre, as well as EastLink and the Monash Freeway.
Whether you're looking to develop, invest, or landbank, this is a rare opportunity to secure a substantial parcel of land in a thriving and well-connected location.
Terms: 10% deposit
Balance: 60/90 days
PLEASE NOTE:
- Photo ID Required for all Inspections
- All enquiries MUST include a contact telephone number
