Ready To Rise, Three Storeys High

SOLD - This listing was sold in October 2016
A rare opportunity in the Residential Growth Zone (Schedule 1) to develop up to three storeys high (STCA) on the service road of this highly central position close to Studfield shops and Westfield Knox. The existing 3-bedroom brick veneer charms with 9ft, corniced ceilings, a spacious kitchen with freestanding cooker, L-shaped lounge dining room and a concreted rear patio facing the blank canvas backyard. Hardwood floors under the carpet present an easy renovation option for an investor keen to lease out while they seek planning permits, with the current tenant paying $1543 a month. The classic home has been updated with gas ducted heating, and ducted vacuum and includes the charm of its original open fireplace.

With no easements to restrict development, and plans approved for unit development next door, this classic home on a near level lot along the service road is ready to rise for an ambitious developer. With key bus routes along Stud Rd, school zoning for popular Regency Park Primary and Wantirna College, this is a highly desirable location right in the mix of shops, schools and services where families are clambering to settle in this relaxed and reputable suburb.

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Main Property Features

Listing Number: VWR4487

Land Size:
749 sqm
Property Type:
House
House style:
Contemporary
Garaging / carparking:
Free standing
Construction:
Brick veneer
Roof:
Tile
Flooring:
Carpet
Window coverings:
Drapes
Heating / Cooling:
Ducted, Other (Evaporative Cooling)
Property Features:
Vacuum system
Kitchen:
Original, Upright stove and Finished in Laminate
Main bedroom:
Double
Bedroom 2:
Single
Bedroom 3:
Single
Granny flat:
Separate
Main bathroom:
Bath, Separate shower
Laundry:
Separate
Outdoor living:
Entertainment area
Locality:
Close to schools, Close to transport, Close to shops
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Harcourts Wantirna

Shop 5/249 Stud Road
Wantirna
Office website or View office details

Property Location