8 Alexandra Road, Lilydale VIC 3140

Here’s an opportunity to get more bang for your buck when you invest in this sizable 1011m2 (approx) property, located a handy few minutes from Lilydale Main street shops and transport, and to a range of primary and secondary schools.

Modernised throughout, the single storey three bedroom home, sited toward the front of the block, is just the start of an exciting journey. It’s ideally set up to accommodate a young family or downsizer, featuring zoned bedrooms, modern bathroom, large kitchen with stone bench tops and stainless steel appliances, and a comfortable living room. Surrounded by a neat, low maintenance landscape, the block is fenced with gated access to the single carport, leaving the rest of the property to accommodate two brand new townhouses.

Ready to go with stamped Plans and Permits to construct two double storey, three bedroom townhouses, the hard work has been done. The two townhouses will both offer lower level master bedrooms with ensuite, and two upper level bedrooms that share the floor with a study nook and a family bathroom. They are both designed to also accommodate ground floor powder rooms, quality kitchens and a double garage.

Presenting a no brainer opportunity for a builder/investor to purchase the property, rent out the front original home and make a gain from the two new builds.