40 Dryden Concourse, Mooroolbark VIC 3138

The existing 4 bedroom, 1 bathroom home is currently let out, returning an income of $1695 per month, on a month to month basis but the potential here is enormous!
If you’ve been searching for your next development opportunity, this 966m2 (approx) parcel of land comes with council endorsed plans and permits to construct 3 dwellings with fantastic floorplans and a great street presence. It’s the perfect development to commence whenever you’re ready, without the inconvenience of starting from the beginning. The plans are for two double storey 4 bedroom 2 bathroom homes, and one single level 3 bedroom 2 bathroom home, all with double garages
Once completed these luxury townhouses will feature multiple living areas of generous proportions thanks to the thought out, and cleverly designed floorplans. All three homes will offer unique features, open plan living, double lock up garages with internal access, master bedrooms on the ground floor, and spacious rear yards with entertaining deck.
At the conclusion of your project, you will end up with 3 modern and spacious homes, that will appeal to a variety of buyers.
Inspections welcome, by appointment only.