Plans & drawings available — currently with Council for TWO side-by-side, 21-square, single-storey residences, each offering 3 bedrooms, 2 bathrooms and a double garage.
Positioned on an impressive 650m² approx. allotment with a 15.25m frontage, this is a rare opportunity to secure a substantial development site with plans already underway.
THE DEVELOPMENT POTENTIAL
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Approx. 650m² landholding
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Approx. 15.25m frontage x 42.7m depth
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Housing Choice zoning
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Transport Zone (HCT2) — offering greater development flexibility and potential for up to 3 levels (STCA)
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Plans and drawings for two side-by-side residences
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Each residence designed with 3 bedrooms, 2 bathrooms and double garage
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Plans currently with Council
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An exciting opportunity for builders, developers and investors
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Potential to develop, hold, renovate or explore alternative outcomes (STCA)
THE EXISTING HOME
An original weatherboard residence currently occupies the site, comprising 3 bedrooms, kitchen, open meals and living area, central bathroom, separate toilet and garage.
With the existing home in place, there is flexibility to move in, lease out, renovate or develop, allowing you to consider your options while the development process progresses.
LOCATION THAT DELIVERS
Enjoy a highly convenient location approximately 5 minutes' walk to bus services, tram stop #59 and Niddrie Shopping Precinct, with Woolworths, cafés, restaurants and specialty stores all close by.
Families are well catered for with Essendon Keilor College nearby, along with Penleigh and Essendon Grammar School, St Bernard's College and local primary schools.
Major freeways, Melbourne Airport and the CBD are also within easy reach, adding further appeal for residents and tenants.
THE OPPORTUNITY
A substantial site. Plans underway. Multiple possibilities.
An outstanding opportunity for builders, developers and investors seeking a site with genuine development potential in a highly convenient location.
*All plans, development opportunities, zoning interpretations and future uses are subject to Council approval and applicable planning requirements. Purchasers should make their own enquiries and conduct their own investigations.
*All information about the property has been provided to Merri-bek Real Estate by third parties. While Merri-bek Real Estate strives for accuracy, we have not independently verified the information and do not warrant its accuracy or completeness. Interested parties are encouraged to conduct their own investigations and rely on their own inquiries in relation to this property.
