Rarely do properties with this much potential come to market. Set on approximately 776sqm, this exceptional parcel comes complete with plans and permits for five townhouses, a ready-made development opportunity not to be missed.
Adding to its appeal, the site also includes a solid brick veneer home, currently leased to long-term tenants on a month-to-month basis, providing an immediate income stream while you plan your next move.
The existing residence offers two spacious bedrooms with built-in robes, along with a third bedroom that has been cleverly converted into a large extended bathroom. A light-filled lounge room is enhanced by a split system for year-round comfort, while the galley-style kitchen provides direct access to the rear yard. Outside, parking is well catered for with space for up to four cars, including a double garage within the secure driveway.
Whether you are looking to develop, invest, or simply landbank in a fast-growing pocket of Corio, this property presents exceptional scope and ver