Calling all builders and developers! The wheels are in motion to construct five new townhouses on this 670sqm site in the thriving heart of Essendon. The groundwork has been done with approved plans and permits for one three-bedroom and four two-bedroom townhouses, all with open-plan living, two bathrooms, a balcony and garage parking. This opportunity comes complete with the relevant Town Planning Permit, stamped plans and working drawings, along with the convenience of a flexible settlement.
• Five townhouses approved for construction
• Premium location walking distance to Essendon station and Rose Street village
• Conveniently close to elite local schools
• Settlement timing negotiable
• Currently rented at $2,390p/mth ($550p/wk) until 19 April 2019
Currently tenanted, the existing home is comfortable and extremely liveable, with three large bedrooms plus study (or fourth bedroom) and a versatile rear bungalow. Large and well-maintained, it also features both formal living and dining rooms and a large open-plan kitchen, along with ample off-street parking. A brilliant opportunity ready for the inspired builder or developer to take the wheel and press the go button!
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