FOR SALE BY TENDER CLOSES TUES 1ST JUNE AT 5PM
On the crest of a hill with views to the city skyline and all around, this inspiring parcel of land is a rare find. It has not been for sale for the past 100 years as it is a treasured family plot. Alas the time has come for the old owners to take their leave and the new owners to take advantage of this amazing parcel of land.
The unique dual street frontage allows for access to the land from Jennifer Court and Heidelberg-Warrandyte Road, cementing the subdivision potential (subject to council approval).
Positioned on the Templestowe-side of Warrandyte, opposite Oakland Drive, just a short drive from The Pines, Warrandyte High School, buses and Eastern Freeway access, residents enjoy convenience to every amenity. The existing dwellings include a charming historical stone cottage and a 3 bedroom timber home, providing an approximate rental return of $36,000 pa as you explore the possibilities for sub-division with the Manningham Council (subject to approval).
This parcel of land was formerly a cherry orchard owned and managed by George and Frank Adams from 1911. In 1919 the double-fronted Edwardian cottage was built with stone quarried at Fourth Hill. The house and land has been in the hands of the Adams family ever since.
Presented by PhilipWebb Real Estate.
