50 Waverley Rd, Chadstone VIC

With the total package offering a huge 893sqm (approx.) allotment with a sought-after location within moments of Chadstone Shopping Centre, the Monash Freeway, St Mary Magdalen's Primary School, Salesian College, Holmesglen TAFE, Holmesglen train station and parkland, a magnificent opportunity presents itself to either develop this potential-laden property (STCA) or move in and modernise the period interior.

Those that opt to call it home can enjoy its warmth and charm and easy-to-maintain single-level interior. They can also invite extended family members to move in to the fully self-contained unit in the backyard, which comes complete with a spacious living area, functional kitchen and generous-sized bedroom with ensuite. The astute-minded buyer, meanwhile, may be tempted to rent out the rear dwelling and generate an additional stream of income.

The true potential of this property, however, rests in its ability to be converted into a multi-development site (STCA). And given its prized location, it could be one of the development buys of the year!

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.