A family address of significant appeal or a development site offering spectacular scope, this is a property where deciding which scenario you desire will be a choice free from any downside! A great location. Land size measuring some 697m2 and the huge natural asset of a north-facing front aspect all make important further contributions to the attraction of this outstanding opportunity which is accompanied by plans and permits for 3 impressive 2 Bed, 2 bath new townhouses.

• Present day spaces of comfort and very functional
• New perimeter fencing encompasses the property
• Full working plans for the 3 luxury townhouses
• Today's home offers flexible living/dining areas
• Advantageous street frontage in excess of 15m
• Generous allotment allows for the choice to keep the current house and build at the rear (STCA)
• Securely leased

Only occasionally does a property offer an opportunity where the choice of two possible futures - to retain the home as an investment or to re-develop the block - are so evenly matched. Success will follow from either strategy in a setting that's conveniently close to schools, parks, Altona Gate Shopping Centre and freeway access.