21 Gladys Grove, Croydon, Vic 3136

Ripe for development, astute investors will appreciate this fabulous level allotment couldn't be in a better position, next door to a tranquil reserve and nestled in a quiet, tree-lined street in a premium location. Subject to council approval, it is indeed a rare and attractive proposition for those looking to build a quality, multiple unit development. It is set on over 1,500m2 with single dwelling covenant removed and underground services to the block. Graced with a charming, original homestead, maximise your return by renting this residence while you await building permits. Featuring three generous sized bedrooms, entrance hall, comfortable, light-filled lounge and enormous kitchen/meals. Other inclusions are; ducted heating, quaint and neat functional bathroom, air-conditioning, powered garage with roller doors, an abundance of parking for a boat, caravan or trailer, rear covered deck and secure fencing to keep kids and pets safe. Whether you're looking to renovate a home that offers wall to wall spaciousness, or you're a builder/developer looking for that perfect tenantable location close to primary and secondary schools, transport and shops, the shape and size of this block provides the possibility of park-side allotments with serene views.