This is a house on a lot in 58/LP81768 Thomastown VIC. It has an estimated value of $545,000. Constructed in 1970, featuring 3 bedrooms and 1 bathroom.
A golden opportunity with plans and permits! An ideal purchase for a first home buyer, smart investor or builder. With town planning approval for two townhouses offering fantastic opportunity in such a great location within minutes to all surrounding amenities including schools, shops, public transport and easy access to ring road.Existing home features three bedrooms, a kitchen with family/meals area filled with natural light, central bathroom, garage with a long driveway perfect for ample car accommodation and all on a large block of 553m2. Dwelling 1 : 4 bed, 4 bath, 3 living areas, 1 garage (total area: 25.57 sq)Dwelling 2 : 4 bed, 4 bath, 3 living areas, 1 garage (total area: 27.3 sq) Each townhouse offers street frontage, four bedrooms with ensuite, spacious kitchen, three living areas, single garage and a large private courtyard.Exercise the current planning permit or renovate existing home and move in or lease out (approx. rental return is $1516 pcm) and still enjoy the opportunity to redevelop at a later stage to reap the rewards, the choice is yours!