The feasibility study shows return in excess of 25% based on lower comparable townhouse sales - Contact for a copy of the report.
Situated on a 2200m2 lot only minutes stroll to Lilydale station, Chirnside Park Shopping Centre & the best schools all within a stone's throw.
With a similar neighboring property in the process for 8townhouses, this spacious lot offers a viable development opportunity to the savvy buyer.
There's no single dwelling covenant to worry about on this one, just get in lodge your plans & watch the surrounding area prosper in the years to come.
With Lilydale recently announced as a booming suburb for 2018 and it's no surprise with the amount of infrastructure there planning to invest into the area, including the much anticipated remodel of Lilydale Station & main street (STCA)
* Fantastic opportunity for multiple townhouse developments (STCA)
* High demand area with loads of local improvements in planning
* Announced as a Boom suburb for 2018 "realestate.com"
* Minutes from Lilydale Station, Chirnside Park Shopping Centre
* Moments from Oxley & Billanook College.
* Chirnside Park Shopping centre soon to be extended.