Positioned in one of Shepparton's most tightly held and sought-after locations, just moments from GV Health and within easy reach of the Shepparton CBD, this substantial 1,136m² allotment presents an outstanding opportunity for developers, investors and owner occupiers alike.
The property was previously the subject of a four-lot subdivision plan, highlighting the development potential offered by this large and exceptionally well-located parcel of land. While the previous subdivision approval is no longer current, prospective purchasers may wish to investigate the opportunity to pursue a new subdivision or redevelopment proposal, subject to a new application and all relevant council and statutory approvals (STCA).
For those looking to invest, occupy or hold the property while considering its future potential, the existing brick veneer residence comprises approximately 197.07m² and provides comfortable, well-established accommodation.
The home features three bedrooms with built-in robes, a central bathroom, fully equipped kitchen and a generous living area complete with split-system heating and cooling.
Outside, the expansive backyard provides plenty of open space together with existing shedding, further demonstrating the impressive proportions of this substantial allotment.
With GV Health virtually at your doorstep, the CBD within walking distance and an increasingly difficult-to-find landholding of 1,136m², this is a rare opportunity to secure a significant property in a premium Shepparton location.
Whether your plans are to occupy, invest, renovate or explore the property's future subdivision and development potential (STCA), 4 Monash Street deserves serious consideration.