5 Thelma Avenue, Essendon North VIC 3041

This generously sized property on a 631m2 block with dual street frontage presents a rare opportunity for home buyers, investors, and developers with the property's potential for a home site or redevelopment (subject to council approval). Alternatively, take advantage of the council approved permit for National Disability Insurance Scheme (NDIS), the property is perfectly suited for those looking to develop specialist disability accommodation. The approved permits includes 8 apartments for long-term residents with 24/7 care provision, presenting a unique and rewarding investment opportunity. Conveniently located close to public transportation, including trams and bus routes, and within walking distance to the area's popular cafes, renowned eateries, and vibrant retail precinct on Keilor Road, the property is also easily accessible to Melbourne Airport and the CBD via the Tullamarine Freeway/Citylink. This property represents an excellent opportunity to invest in a high-demand area, with potential for development, renovation, or specialised care. Full details are available upon request. NB: The property has been extensively damaged by fire and will be sold in its current state. There will be no inspections conducted and persons are not permitted on site at any time.