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15 Ludeman Court, Reservoir, VIC, 3073
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THREE TOWNHOUSES ALL APPROVED AND READY TO BE BUILT!

Don't waste your time drafting plans and queuing in line at council offices waiting for your plans to be approved — here at 15 Ludeman Court in one of Reservoir's most convenient family-friendly addresses, all that time-consuming work has been done for you!

Boasting approved plans and permits for three townhouses (one 3 or 4-bedroom townhouse plus two large three-bedroom townhouses) on a largely flat 945sqm (approx.) north-facing block with potential city views, you're free to give your tradies the green light for construction to go ahead the moment the keys to this exciting property are in your hand.

With no single dwelling covenant in place — a rarity in this part of Reservoir — it's therefore a rare opportunity to purchase a development site where there are few competing multi-unit development sites within close proximity. Developers can also apply to amend the plans to build four townhouses instead of three (STCA) and begin the pre-sales process immediately.

Currently occupying the prized block is an existing three-bedroom home, which can be leased out to generate a passive income stream until you're ready to get construction underway.

Once built, your brand new creation will stand in a coveted pocket across the road from Ludeman Court playground, within walking distance of Ruthven primary and secondary schools and minutes from Edwardes Street shops and cafes, scenic Edwardes Lake, Keon Park train station and the Metropolitan Ring Road

Remember to mention you found this property on DevelopmentReady

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