Planning Permit Approved for 3 Dwellings! Located in a sought after pocket of St. Albans East opposite St. Albans East Pre-School and only moments away from local shops and transport, this well maintained 3 bedroom home offers a pot of gold to a discerning buyer. The property is currently rented to a stable tenant for $1343 per calendar month, and the property is being sold with a planning permit that is approved for 3 dwellings - 2 x double storey townhouses and 1 single level unit.Property Features: * 3 Spacious bedrooms* Central Bathroom* Neat kitchen and meals zone* Spacious lounge room* All set on 650m2* Planning Permit approved for 3 dwellingsPositioned within easy reach to local amenities and offering quick access to major Freeways such as the Calder Freeway and the Western Ring Road.With units and townhouses currently selling for high figures in this popular suburb, a generous return awaits a smart investor!