Positioned within one of Mulgrave’s most sought-after pockets, this exceptional land offering presents a premium opportunity on a rectangular 650sqm (approx.) allotment boasting a wider-than-average 17.5m (approx.) frontage. With a wide driveway already in place, the property offers exciting potential for rear townhouse development, side-by-side development, renovation of the existing home, or the opportunity to build your dream residence (STCA). Delivering outstanding versatility, this is a property suited to a wide range of future possibilities.
Currently leased, the home provides immediate holding income while plans and permits are explored. The existing residence comprises three generously sized bedrooms, a spacious lounge and dining area, central bathroom with bath and separate toilet, along with an updated kitchen featuring gas cooking.
Additional features include a split system air conditioner in the lounge and a double garage positioned at the rear of the property. Perfectly located within walking distance to Mackie Road Neighbourhood House with its parks and library facilities, while nearby Wanda Village Shopping Centre offers convenient local shopping and childcare options.
The home is surrounded by well-regarded schools including St John Vianney's Primary School, Mazenod College and Wellington Secondary College. A short drive connects you to Brandon Park Shopping Centre and Waverley Gardens Shopping Centre, with easy access to the Monash Freeway and EastLink ensuring excellent connectivity.