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SOLD
23 Lerina Street Oakleigh East Vic 3166
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SOLD - $ 1,620,000

RESERVE PRICE $1,300,000. PLANS & PERMIT APPROVED FOR 4 DOUBLE STOREY TOWNHOUSES ON 700SQM APPROX CORNER BLOCK! WALK TO MONASH UNI & TRAIN STATION!

Auction: Sat 10-Jun-17 1:00PM

First National JXRE presents an extremely sacred opportunity available for the super-smart developer, savvy investor or professional builder to purchase this very exclusive development right in the heart of Oakleigh East. 

If you're tired of dealing with architects and councils, look no further because all the hard work has been done for you! 

This ultra-rare 3 bedroom house on a 700sqm approx. rectangular block conveniently located within a 10 minute walk (1.3km approx.) to Monash University to the west as well as Huntingdale Train Station (1.1km approx.) to the east. Walk to beautiful parkland, local schools and sports ovals, bus services, Monash Hospital and only minutes away from Oakleigh's bustling hub, Clayton shops and Monash M1 Freeway.

- Approved stamped plans for 4 double storey townhouses from Monash Council 
- Planning permit with full development approval until 15th September 2018 
- Full architectural working drawings including civil, structural engineering, landscape plans, soil test report
- Preliminary plan of subdivision, Artists impressions, Construction feasibility 

The property is currently tenanted on a month-to-month tenancy $1086 per month. 

Additionally, being locationally perfect, this development with wide frontage on a very quiet street provides easy access for builders to construct 4 stunning and modern townhouses. Specifically designed for the Monash market, the configurations are:

Unit 1 ( North East facing) 12sq. approx. 
3 bedroom, 2 bathroom, 1 garage and 1 extra car space, double storey townhouse

Unit 2 (South East facing) 12sq. approx. 
3 bedroom, 2 bathroom, 1 garage and 1 extra car space, double storey townhouse

Unit 3 (North backyard) 16sq. approx.
2 bedroom, 2 bathroom, 1 garage, double storey townhouse

Unit 4 (North backyard) 16sq. approx.
2 bedroom, 2 bathroom, 1 garage, double storey townhouse

Once completed, these masterpieces with 2.7m ceilings on ground floor and first floor with light filled north-facing backyards will be in very high demand from local home occupiers, astute investors, professional couples, nurses and doctors from Monash Hospital, as well as lecturers and students from Monash University. 

Where else are you going to find a corner block with a planning permit approved for 4 townhouses?

SETTLEMENT TERMS 30/45 DAYS, NON NEGOTIABLE

Information will be emailed upon request to clients with valid email addresses and phone numbers. Photo identification required at inspection.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencecheckli...

Remember to mention you found this property Developmentready.com.au

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