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Auction
Auction 06 Nov 2016
A rare opportunity in the Residential Growth Zone (Schedule 1) to develop up to three storeys high (STCA) on the service road of this highly central position close to Studfield shops and Westfield Knox. The existing 3-bedroom brick veneer charms with 9ft, corniced ceilings, a spacious kitchen with freestanding cooker, L-shaped lounge dining room and a concreted rear patio facing the blank canvas backyard. Hardwood floors under the carpet present an easy renovation option for an investor keen to lease out while they seek planning permits, with the current tenant paying $1543 a month. The classic home has been updated with gas ducted heating, and ducted vacuum and includes the charm of its original open fireplace.
With no easements to restrict development, and plans approved for unit development next door, this classic home on a near level lot along the service road is ready to rise for an ambitious developer. With key bus routes along Stud Rd, school zoning for popular Regency Park Primary and Wantirna College, this is a highly desirable location right in the mix of shops, schools and services where families are clambering to settle in this relaxed and reputable suburb.
Shop 5/249 Stud Road, Wantirna South VIC 3152
Call Emilie Jordanou on
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