157 Nepean Street, Greensborough, Vic 3088

Potential three unit or townhouse development site (STCA)
Take advantage of the current owner's previous hard work where a permit was granted in 2000 but lapsed in 2002 - for a two property subdivision.
Precedent in the street is obviously apparent and for an astute investor or property speculator looking to take advantage of an immediately tenantable property while a re submission takes place, this opportunity is one not to be missed.
Current rental for a 5 bedroom well-presented home with a 4 car garage would sit somewhere in the vicinity of $500 to $550 per week.
The home offers many and varied future benefits within easy walking distance to
Greensborough Secondary College and Watsonia Heights Primary Schools, close to train station and Greensborough Plaza and the entire excellent infrastructure that Greensborough central has to offer.
This character packed family residence offers a comfortable ambience without any alteration required or for those looking for something more modern the architectural foot print offers great opportunity to modernise to suit your taste.
Why buy someone else's furniture and style and pay a premium when you can add your own and capitalise on the effort?