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Occupying a premium 863sqm (approx.) parcel of land, in a central Nunawading position, we present the prime and profitable opportunity to purchase this 5-bedroom family property, with endorsed plans and permits to construct 3 double storey townhouses.
Designed for modern lifestyles, the approved floorplans feature open plan living and dining, large showpiece kitchens, studies and/or sitting areas, 2 or 3 bedrooms, 2 bathrooms and single garages.
Currently leased at $500 per week, on a month-to-month basis, the existing home will provide a great source of income, whilst preparations are made for the new boutique complex.
Comfortably liveable, with the option to enhance and enjoy if preferred, the home comprises 5 bedrooms, 2 bathrooms, a large lounge, a functional kitchen with dining area, heating, cooling, a big backyard, a covered entertaining deck and a single carport.
Snap up this property and get started straight away, then sit back and reap the rewards.
Boasting a superb location, the property is walking distance to bus stops, reserves, trails, Nunawading Train Station, zoned Mount Pleasant Road Primary School and Homemaker HQ. A short commute to Brand Smart, Brentford Square and Forest Hill Chase Shopping Centres, Forest Hill, Mullauna and Emmaus Colleges plus the EastLink and Eastern freeway entrances.