Combined 1460m2 high density zone development opportunity
708-710 Stud Road, Scoresby
Boasting a combined 1460m2 (approx.) in a high-density zone, this is an unrivalled opportunity for investors to unleash their creativity on a space that can potentially support 12+ terrace units (subject to council approval). .
Revenue during the holding and design period should also be significant, with both properties capable of offering flexibility in rental arrangements.
708 is a two-storey home showcasing a spacious lounge and dining room on the ground floor, coalesced with a semi-open plan meals, kitchen and family room. The first floor reveals a palatial master bedroom with WIR and ensuite, 3 sizeable bedrooms as well as central sitting area. 710 is a single-storey home that features a central meals, kitchen and dining area, 3 substantial bedrooms, master bedroom with WIR and ensuite as well as a huge family room and lounge. Both also offer fantastic outdoor spaces.
Superbly located in the heart of Scoresby and tucked along a private service road, the properties are minutes from a wide range of amenities including Westfield Knox, Scoresby Village shops, Bunnings and Woolworths. Nature lovers will enjoy the plethora of nearby reserves from Jells Park to Kingston Links Golf Course. Quality schools are also within close proximity and transport access is made easy via buses and the Monash and Eastlink freeways.
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