52 Vines Road, Hamlyn Heights VIC 3215

This brilliant site of 1012 Sqm of rare land is the ideal future or present investment. Residential growth means you can do a High Density development without all the usual restrictions imposed by the regular general res zoning. This land was rezoned by the State Govt some years ago so as to encourage multiple dwellings which in turn guarantees your per site cost is very reasonable. It was designated as appropriate here because of its close proximity to excellent infrastructure such as Shopping, Schools, Transport, Employment and recreation facilities. This suburb is also going ahead in leaps and bounds due to its geographical location near to the Ring road and a short drive into West and town. This type of zoned land is the gold of the future as population growth will make this type of site even more valuable as time goes by. The house on the site would require extensive renovation if you chose to keep it but essentially all the value here is in this magnificent site. Snap this up !