Opportunities of meaningful scale with genuine development readiness are often difficult to secure. This substantial holding of approximately 724 sqm presents a considered and strategic prospect for those seeking to create lasting value through well-planned redevelopment.

The existing dwelling on site is slated for removal, clearing the way for redevelopment. Importantly, town planning approved plans and permits are already in place for the construction of two contemporary townhouses and nine well-designed apartments, providing a streamlined pathway to deliver a thoughtfully planned multi-residential outcome.

Townhouse 1 - Conventional Living - 2 Bed - 2 Bath - 1 Car
Townhouse 1 - Reverse Living - 2 Bed - 2 Bath - 1 Car
Apartment 1 - 2 Bed - 1 Bath - 1 Car
Apartment 2 - 2 Bed - 1 Bath - 1 Car
Apartment 3 - 1 Bed - 1 Bath - 1 Car
Apartment 4 - 1 Bed - 1 Bath - 1 Car
Apartment 5 - 2 Bed - 1 Bath - 1 Car
Apartment 6 - 2 Bed - 1 Bath - 1 Car
Apartment 7 - 1 Bed - 1 Bath
Apartment 8 - 1 Bed - 1 Bath
Apartment 9 - 2 Bed - 1 Bath - 1 Car

With groundwork complete and approvals secured, this development opportunity significantly reduces holding risk and planning uncertainty. Whether you are expanding your portfolio or undertaking your next boutique project, this offering combines scale, town planning approval certainty, and exceptional future potential in one strategic acquisition.

Highlights :
Approximately 724sqm landholding
Existing dwelling slated for removal
Plans and permits secured
Two townhomes and nine apartments approved
Streamlined pathway to construction
Reduced holding and planning risk
Ideal for developers and investors
Excellent local connections
Minutes to Reservoir Train Station

All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.