22 Goulburn Avenue Reservoir, VIC 3073

Your dream of making your mark on the fringe of the Oakhill Estate is closer to reality with the availability of this first-class development site.

With an approved planning permit in place for three units on a fantastic 697sqm (approx.) block, you're in a position to save time and money by being able to start this development in quick time (STCA).

An existing four-bedroom single-level home featuring a large light-filled lounge on entry, central kitchen that overlooks the rear sunroom, bathroom, double garage and a huge backyard currently occupies this premier site, and given it generates a rental return of $460-$480 (approx.) per week, you could line your pockets with a steady stream of income until you're ready to get construction underway.

Once your brand new development is built, it will enjoy a superior level of convenience as a result of its walking distance access to Plenty Road trams, bus services, local schools, Summerhill Shopping Centre and parks and close proximity to Broadway shops and cafes, La Trobe University, Northland Shopping Centre, Reservoir train station and Bundoora Park.