Exceptional Development Opportunity (STCA) In Premier Uni Precinct
On a huge parcel of land measuring 1068sqm (approx), this grandly proportioned 5-bedroom, 3-bathroom home presents a developers dream in a prime location just a few steps from Monash Uni (Caulfield Campus). Within a General Residential Zone Schedule 1 (GRZ1) and including ROW laneway access along the entire rear of the property, the option is yours to restore the house to its former glory or exploit the position neighbouring one of Australias most highly regarded educational institutions and create a multi-level residential complex (STCA). A short stroll to Caulfield Train Station, the locale is immensely popular with home buyers, investors and renters alike, with the planned expansion and development of the university and immediate surrounds as an transport, retail and cuisine hub enhancing this outstanding opportunity with unlimited future potential.
Lot/Plan No: 1/TP169632