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$860,000 - $895,000
Exceptionally well maintained and superbly positioned in a sought-after location, this appealing single-level residence represents a premium opportunity for investors, owner-occupiers and developers alike. Approved for 3 luxury townhouses, with plans and permits.
In terms of convenience, carefree family living seldom gets any better given the outstanding access to local schools, Reservoir train station, recreational parklands, sporting facilities, the Reservoir Village shopping strip, Bundoora Park Public Golf Course and the Metropolitan Ring Road.
Boasting a sizeable 741sqm (approx.) allotment, development will be a priority of many given the potential to build a collection of luxury townhouses, and thanks to the enormous proportions of the north-facing backyard, you could choose instead to extend the home as the family grows or add a unit in the back to boost your retirement fund (STCA).
The perfectly live-able floorplan of this light and bright home will also entice many to call this place their own, either for their own enjoyment or that of others in exchange for an attractive income stream.
Whichever path you take, it's destined to lead to future rewards.
363 High Street, Preston VIC 3072
Call Ian Dempsey on
0447556210
Call Alannah Savvides on
0409768947
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