4 Arabando Drive, Leopold VIC 3224

Attention all developers and investors, a myriad of opportunity awaits the astute purchaser of this property walking distance to Leopold Primary and Gateway Plaza! Subject to council approval, the owner has four concept plans prepared which show potential to either:

1. Keep the house and build 1 or 2 townhouses at the rear
2. Clear the site for townhouse development (2-4 townhouses)

The purpose of a residential growth zone, which this property is in, is to provide housing at increased densities. To encourage a diversity of housing types in locations offering good access to services and transport including activity centres and town centres. That's what makes this property real estate gold! Make no mistake, this property offers a solid home, a large 916m2 (approx.) allotment, excellent access to amenities and a prized Residential Growth Zone (Schedule 2)

Call now for further information!