5 Box Hill Crescent, Mont Albert North, Vic 3129

Limited only by imagination, the potential at this 3 bedroom property is considerable given its convenient location, upmarket crescent address and generous land size. In addition, it comes with an approved town planning permit for two elegant double storey 3 bedroom, 2 bathroom townhouses, one with a separate study and each with north-facing living areas, auto double garages with separate driveway entries and Box Hill Crescent frontages.

Alternatively, this could be the perfect position for a luxurious new home (STCA) with room for a pool, or the next project for serious renovators hoping to extend the modest existing residence that has two living areas, a gas kitchen and an updated bathroom. Location lures include being within walking distance of both Koonung Secondary College Box Hill Secondary College, Koonung Creek walking and cycling paths, public transport options, a choice of local primary schools and Hagenauer Reserve. It also has convenient access to the Eastern Freeway, Elgar Road cafes and specialty shops and a choice between Box Hill Central or Westfield shopping. Given the proximity to Box Hill TAFE and the hospital, this site could appeal to investors hoping to capitalise on the scarcity of quality rental accommodation.

* Approved town planning permit
* Easy distance to private schools
* Renovate, redevelop or rent out
* Large, level allotment

Terms 10% deposit, balance 30/60 days Land: 920 sq m approx.