1 Bond Court, Croydon, Vic 3136

Rarely do we come across a site, perfectly suited for re-development (STCA). A near level parcel of land containing no easements, measuring 983m2 (approx) and zoned GRZ1 in a popular pocket of Croydon. Close to the Dorset Golf course, with parks and walking tracks nearby, and a short stroll to Ruskin Park primary school, it’s certainly a desirable address. The site contains a 3 bedroom, 1 bathroom brick veneer home positioned towards the front of the lot, with a very basic bungalow in the rear. The home is in fairly original, but fantastic condition, and is currently rented until May 2017 at $1,474 per calendar month, giving the lucky purchaser an extra income while your plans and permits are being approved. The site has the potential to remove the current dwelling, to make way for three new townhouses, all on their own title, with their own street frontages (STCA). With bus services 100m away on Mt Dandenong Road, Arndale shopping centre 1.6km down the road, and Croydon station within easy reach, the new townhouses to be built will be in high demand.