A Rare Development Opportunity with Approved Plans & Permit

Unlock the enormous potential of this rare 1,063sqm (approx.) block in the heart of popular Endeavour Hills. Offering an exciting combination of substantial land, an existing four-bedroom home and approved plans and permit for two spacious townhouses, this is an opportunity that presents multiple possibilities for developers, builders, investors and savvy owner-occupiers.

Positioned at the front of the block is an existing four-bedroom, two-bathroom residence, originally designed with dual-living potential. While the home would benefit from some renovation and care, it provides an immediate opportunity to live in, rent out, renovate or hold as an investment while progressing the approved townhouse development at the rear.

At the back of the property, approved plans and permit are already in place for two spacious townhouses, each offering two large bedrooms with their own ensuite, open-plan living and private outdoor areas. With the hard work of obtaining approval already completed, the opportunity is ready for the next stage of development.

For those with a bigger vision, the substantial landholding may also provide the potential to explore further development possibilities at the front of the property, subject to the relevant council approvals and planning requirements. Whether you choose to develop the approved townhouses, renovate and retain the existing home, or investigate additional development opportunities, the possibilities are extensive.

TO SUMMARISE
1. Rare 1,063sqm (approx.) block
2. Approved plans and permit for 2 spacious townhouses
3. Existing 4-bedroom, 2-bathroom residence
4. Dual-living potential in the existing home
5. Opportunity to renovate, rent or occupy the existing residence
6. Potential for further development opportunities at the front, STCA
7. Excellent option for developers, builders and astute investors

AN OPPORTUNITY NOT TO BE MISSED
For the smart developer, experienced builder or astute investor, properties offering this combination of large land, an existing dwelling and approved development plans are increasingly difficult to find.

The approved townhouse designs feature open-plan living, private outdoor areas and low-maintenance living, making them well suited to modern buyers and investors.

The existing home provides flexibility while the development progresses. Live in it, rent it out, renovate it or hold it as part of your investment strategy — the choice is yours.

LOCATION HIGHLIGHTS
Enjoy the convenience of being within easy reach of Endeavour Hills Shopping Centre, providing a wide range of shops, cafés, restaurants and everyday amenities.

Major shopping destinations including Dandenong Plaza, Fountain Gate Shopping Centre and Chadstone Shopping Centre are also within approximately a 10–15 minute drive, offering an extensive choice of retail, dining and entertainment options.

The property is also conveniently positioned close to local schools, library, community facilities and public transport, making it an appealing location for families, tenants and future townhouse purchasers.

Endeavour Hills is well regarded for its established residential setting, convenient amenities and strong community infrastructure, with local emergency services also nearby.

WHY THIS PROPERTY?
• Massive 1,063sqm (approx.) landholding
• Approved plans and permit already in place
• Two proposed spacious townhouses at the rear
• Two large bedrooms in each proposed townhouse
• Ensuite to each townhouse
• Open-plan living designs
• Private outdoor areas
• Existing four-bedroom, two-bathroom house
• Potential dual-living configuration
• Opportunity to live in or lease the existing residence
• Renovate and hold, renovate and sell, or develop
• Potential to investigate further development at the front, STCA
• Convenient access to Endeavour Hills Shopping Centre
• Close to schools, library and community centre
• Public transport nearby
• Easy access to major shopping centres
• Excellent opportunity for developers, builders and investors

Opportunities of this scale and flexibility are rarely offered in such a sought-after Endeavour Hills location. With approved plans and permit for two townhouses already in place, this property is ready for someone with the vision to unlock its full potential.
Don't miss your opportunity to secure this substantial landholding and development proposition. Contact us today to arrange an inspection and discuss the possibilities.

Price: $1,110,000 - $1,220,000

For more information, please contact Evan Petrellis on 0412 348 791 and/or Suraj Samaranayake on 0433 920 603.