11-13 Gibson Avenue, Tyabb VIC 3913

Located withing walking distance to the heart of the Tyabb township, this property offers a plethora of opportunities and is arguably the best property currently on the market in Tyabb.

11 Gibson Avenue could be used as a multi-unit development site (STCA), it could be divided back into 2 separate allotments (STCA) or it could provide one lucky family with a fantastic home on an enviable block.

Perfect for subdivision (STCA), the current dwelling is conveniently positioned close to the side boundary and resides on land of 1130 SQM (approx.) that spans two blocks. To assist with any future development, there is already council approval for a carport to be erected at the front of the existing house.

The large home boasts 4 bedrooms plus a study, evaporative cooling, solar panels and a sunken lounge. The master bedroom contains both a walk-in robe and an ensuite, whilst the family bathroom contains a spa bath.

Perfect for any tradies, the yard consists of ample off-street parking with remote-controlled electronic gates and a concrete driveway leading to a large shed. Bountiful fruit trees, established palm trees, and an inground pool with separate spa are other pertinent features. Although the pool is currently empty, a recent quote shows the pool could be cleaned, repainted, and returned to its former glory for around $5k.

Plans have also been prepared for the construction of three additional dwellings whist keeping the existing house. This unique property offers a fantastic opportunity for the astute investor.

It is the largest allotment in Gibson Avenue and has been held by the same owner for over 30 years! It is walking distance to all amenities including public transports, shops, schools and parks.

Unique properties like this one are tightly held so make sure you act quickly to avoid disappointment.