215 Outlook Drive, Dandenong North, Vic 3175

1022m2 of unrivalled opportunity in Rosewood Downs. First time offered for sale in 30 years and a very rare opportunity to develop multiple luxury townhouses in this prestigious, blue chip area STCA. Existing 3 bedroom house is currently rented at $310 per week and features open plan living / dining area, spacious kitchen and direct access to the bathroom from the master bedroom. Perfectly positioned on the block for retention whilst building behind, the vendor has draft plans to convert the existing home to a double storey townhouse with 2 substantial luxury townhouses behind, or you could knockdown and redevelop the whole site, the choice is yours. Picture perfect location with the property backing onto Tirhatuan reserve, with walking trails, park and tennis club a short stroll away. Close to Rosewood downs primary, Waverley gardens shopping centre and easy access to Eastlink, M1 and other major arterials, this is one definitely not to be missed!

Terms: 10% deposit, balance 30/60 days