Developers and investors, here's a rare corner block opportunity offering you potential for big returns. This large 4 bedroom 2 bathroom home is ripe for subdivision (STCA) and is set on the corner of a premier court on a flat 854 m (approx.) block. You may wish to start afresh and bulldoze the home and explore your development opportunities. It's in the Neighbourhood Residential Zone (NRZ1), with easy access and fantastic convenience, opposite local shops, with Pre-School in the court and walking distance from buses, Mooroolbark East Primary, Pembroke Primary, reserves and walking tracks. Also close to Mooroolbark station, shops, EastLink, Billanook College and Yarra Hills Secondary College. The existing home would benefit from a makeover and you could live in or lease it out while you get organised. Discover a spacious design boasting 2 big living areas and a huge functional kitchen appointed dishwasher and extensive storage. The rear wing has a family/meals room (with gas heating and air-conditioning) and a private master featuring ensuite and WIR. In the front wing is the formal lounge room, formal dining (or 5th bedroom option) and children's wing containing 3 double bedrooms (BIRs) and a spa bath bathroom. There's also a sizeable roofed deck for entertaining and a fully enclosed, easy-care garden for children and pets. Extras: double carport, off street parking, security doors, storage room and 2 sheds. This could be your next project!

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.