Sold
House

769-771 Burwood Highway Ferntree Gully, VIC 3156

Sold for $2,200,000 on 31 Jan 2018
  • 8 Beds
  • 3 Baths
  • 5 Cars
Agents

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House in Ferntree Gully

AN 8 UNIT DEVELOPMENT SITE WITH PLANS & PERMITS

  • 8 Beds
  • 3 Baths
  • 5 Cars

With the demand for new housing at an all time high and a shortage of good development sites, this site is a big win for any investor or developer looking for a new project. Consisting of 2 adjoining properties each measuring 971sqm & 974sqm approx, the total site measures1945sqm approx. with council approved plans and permits for 8 new dwellings. With those time-consuming permits already sorted, you can start building quickly and keep your holding costs and project timeframe to a minimum. The plans are great to with 4 townhouses boasting 3 bedrooms, 2 bathrooms and a double garage plus 2 more townhouses with 2 bedrooms, 1 bathroom and a single garage. Of course, full plans are available on request. There's also 2 single storey units at the back of the block that will each feature 3 bedrooms, 2 bathrooms and a double garage. And you can spec them out as you see it and even offer then to market off the plan for buyers looking to secure their future now. A great location completes the picture with buses right out front and you can walk to Mountain Gate Shopping Centre and Wattleview Primary School with trains and Westfield Knox both just minutes away.

In Room Auction 13th February at 7pm.
Venue: 5/1849 Ferntree Gully Road, Ferntree Gully

To view this Statement of Information and Property Information Sheet go to the following link:
https://drive.google.com/drive/folders/1ovji9dT5LUWgL2WK4POEP2ddxhR995oB?usp=sharing

Parking:

5 carport spaces

Bedrooms:

8

Bathrooms:

3

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Suburb

Ferntree Gully

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