14 Chaleyer Street RESERVOIR, VIC 3073

All builders and developers take note: A fantastic opportunity exists with this 3 bedroom original home sitting on a corner block of land of 596sqm. With frontages to both Chaleyer and Faye Streets there is a current permit in place to retain the front home and construct a single level 3 bedroom unit to the rear. Alternatively look at the potential of a full re-development of the site (STCA) whilst the property is currently leased out until 11 September 2014, at $300 per week.

A sound investment with close proximity to La Trobe University, RMIT University, Plenty Road Tram, Northland Shopping Centre and Reservoir Train (Zone 1).