141 Springvale Road, Springvale, VIC 3171

Price: $1,150,000 - $1,265,000

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Strategic GRZ3 development opportunity - Plans & Permit approved

An exceptional opportunity awaits savvy developers / builders and investors with this prime 697m² allotment with 15.24m frontage, rear access and no easements. Complete with approved and endorsed plans and permit for four double storey townhouses (3 x 3-bed, 1 x 2-bed).

Currently hosting a comfortable, solid 4 bed, 1 bath brick veneer home with custom built in wardrobes in 3 bedrooms, ducted heating, split system air con, near-new Bosch gas hot water unit, LUG and excellent tenants on a flexible lease. Enjoy rental income while fast tracking approval to build. Ideal for those seeking a ready to go project in a well connected, evolving precinct, or owner occupiers prepared to give the property a little refresh before calling it home.

Perfectly located within the less restrictive GRZ3 zoning:

• 9 mins (650m) walk to Springvale Train Station
• Northbound bus stop 95m away
• Southbound bus stop 160m away
• 15 mins (1100m) walk to Coles
• 3 mins (260m) walk to Warner Reserve - playground, parkland, exercise equipment, BBQ, picnic tables, public toilets, basketball court etc.
• 15 mins (1000m) walk to the popular and locally famous Bun Bun Bakery in the heart of the Springvale shopping and restaurant precinct.
• Approx. 7 mins drive to M-City Shopping Centre
• Approx. 9 mins drive to Monash University
• Approx. 12 mins drive to The Glen Shopping Centre
• Approx. 15 mins drive to Chadstone Shopping Centre
• Approx. 14 mins (1km) walk to Springvale Rise Primary School
• Approx. 14 mins (1km) walk to Minaret College

Opportunities like this are rare - with in-demand townhouse plans already in place and a solid income stream in the interim - don't miss your chance to capitalise on this ready-to-go development site.

Viewing by prior appointment only. Government issued photo ID required.

57407


Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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View Original Listing: For Sale By Owner