18 Gladys Grove, Croydon, Vic 3136

In a rare and lucrative offering, this generous allotment has approved plans and permits to construct a boutique 3-unit development. The approved development plans of the 1242 sq m approx. allotment show 2 well-appointed double-storey townhouses with 2 living areas (1 & 2) and the single-level Number 3 at the rear. With internal access to a garage, commonalities of all 3 dwellings are 3 robed bedrooms, 2 bathrooms and open-plan living/kitchen/dining zones spilling out to north-oriented decks. Each ground floor master bedroom features a walk-in wardrobe and ensuite, while the larger family bathrooms boast separate showers and bathtubs. Owner-builders, small scale developers and investors will relish this ready-made development opportunity and its potential for rewarding returns. The distinctive modern designs of these residences complement surrounding lifestyle amenities, walking distance to a playground, Ainslie Park, Maroondah Secondary College and Croydon West Primary school, with nearby restaurants and a short drive to Croydons shops, station and restaurants.

HIGHLIGHTS
Ready-made development opportunity
Approved plans and permits
2 x townhouses, 1 single-storey
North-oriented decks
Nearby restaurants, schools and parks