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$940,000 - $1,020,000
With the demand for new housing at an all time high and a shortage of good development sites, this site is a big win for any investor or developer looking for a new project. Consisting of (approx. 1061m2) of flat land this gives ample opportunity to also build your dream home. For those wishing to preserve the existing home or keen to gain a rental income whilst plans and permits are obtained, the current residence enjoys the benefits of 3 spacious bedrooms, 1 bathroom, gorgeous timber flooring & air conditioning as well as a split system (heating/cooling). A great location completes the picture with only a 5 minute drive to Mountain Gate Shopping Centre, Westfield Knox and walking distance to Knox Park Primary School. A versatile granny flat is also located at the back of the property that can be used as a 4th bedroom with its own ensuite and kitchen area which welcomes intergenerational living or serves as a private quarters for a home, office or hobby studio which will also bring in a great rental return separate from the existing front dwelling.
Shop 5/249 Stud Road, Wantirna South VIC 3152
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