702 Pascoe Vale Road, Oak Park VIC 3046

15.38M X 36.57M (562M²) DEVELOPMENT SITE WITH UPDATED PLANS AND PERMITS READY TO GO!
** FOR IMMEDIATE PRIVATE SALE **

Note:
1. Endorsed plans for 2 x Double Storey Town "Homes"
Front - 4 bed, 3 bath/toilet, double garage
Rear - 3 bed, 3 bath/toilet, double garage
2. Works must commence no later than 2nd January, 2027 and be completed no later than 2nd January, 2029

- Circa 1950 Post-War 3 bed/1 bath weatherboard + garage, perched up on a gently elevated "blank canvas" of an allotment
- Perfectly rectangular and easement-free, with an easterly rear aspect
- Currently leased out privately to 2 x renters returning a combined $1,800 (approx.) per calendar month ($21,600 per annum). This month-to-month arrangement can continue post Settlement “or” you can simply Settle with immediate Vacant Possession
- Just a short distance away from Oak Park Aquatic Centre, Oak Park train station and more

Developers:
- With all the hard work done, this sale comes complete with Stamped plans, Amended Planning Permit, Permit Extension, BESS + Arborist Reports and Sustainable Design Assessment
- In a rising market, potential combined re-sales for the 2 x new homes totaling $2,150,000-$2,200,000

Non-Developers:
- Simply purchase a super affordable home in Oak Park (to live in or let out) that will significantly rise in value in the years to come

"First in, best dressed!"

Terms: 10% deposit
Settlement: On or prior to 30th December, 2025
First Home Buyers (only): Take advantage of the 5% Government Deposit scheme

Selling Range: $829,000 - $835,000

Contact: Jason Padula - 0402 149 436
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