9 Caddy Court, Reservoir VIC 3073

Cover yourself in glory and craft a future of riches with the astute purchase of this value-packed buy on the Preston fringe.

Boasting a planning permit for two three-bedroom townhouses and one two-bedroom townhouse on a fantastic 615.3sqm (approx.) block, you're a step closer to realising your development goals (STCA) within walking distance of bus services, the No.86 tram, the Darebin Creek Trail, Northland and Summerhill shopping centres and Preston North East Primary School.

An existing two-bedroom home with a light-filled lounge on entry, bright kitchen with a 600mm stainless steel upright cooker, original bathroom, separate laundry and a huge grassed backyard currently occupies the potential-rich block and can be leased out while awaiting relevant approvals from council.

It's a win-win!