1 Magdalena Place, Rowville VIC 3178

This rare 1,607sqm block in a prime location of Rowville is ready for a developer to get plans and permits for 4 or 5 units - subject to council approval.
While you are waiting for your plans and permits to come through, you will be able to put a tenant into the current home which features 3 bedrooms and study, 2 bathrooms and a 6 car garage ideal for storage.
With the Rowville sales market on the rise and with a location in walking distance to Wellington Village Shopping Centre and Heany Park Primary School as well as easy access to the Monash Freeway and Eastlink, you should have confidence in being able to sell the proposed townhouses/units for premium prices.
What makes this opportunity even more attractive is that there are no easements on the block and the vendor is willing to consider a longer term settlement.