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SOLD

12 Cardigan Road, Mooroolbark, VIC 3138

Properties / Sold / Victoria / Mooroolbark

Development Potential

1. Property Summary

Property Type

Residential

Land Area

1,059 m² (*approx)

Selling Method

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2. Property Highlights

A developer's dream on 1,059 sq m approx.

Located across from spectacular rolling parkland and an easy stroll to Mooroolbark village shops, train station, Saint Peter Julian Eymard Primary School and Yarra Hills Secondary College, this large 1,059 sq m approx. block has exciting potential.

A brilliant site set for a highly-profitable future, develop multiple townhouses or units (STCA) within the General Residential Zone - Schedule 1 (GRZ1) along with a Design and Development Overlay - Schedule 8 (DD08).

The existing home is neatly-presented with 3 bedrooms, 2 living areas, updated kitchen and large under-cover outdoor zone which is ideal to lease out while finalising plans and permits.

* 1,059 sq m approx. walking distance to shops, train & schools

* Desirable GRZ1 and DD08 zoning

* Build multiple townhouses or units (STCA)

* Neatly-presented 3 bedroom home on site

* Ideal to lease out while finalising plans and permits

Terms: 10% deposit, balance negotiable

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