60 St Vigeons Road, Reservoir, Vic 3073

Representing rare value at an in-demand address, the exceptional dimensions of this 952m2 (approx.) allotment combined with approved plans and permits for four luxury town residences delivers astute buyers an instantly rewarding opportunity.

Carefully considered to ensure they are easily marketable, all boast expansive ground-floor living spaces opening to decks or paved courtyards. Three homes offer three first-floor bedrooms and two bathrooms (two with open study areas). One features two bedrooms, both with ensuites and an open study.

Existing plans introduce the possibility of taking advantage of prevailing, strong, off-the-plan buying conditions and commencing pre-sale marketing as soon as possible.

With schools, public transport and parklands close by and the heart of Reservoir a short drive away, it presents options to tap into an area with a proven sales record and a strong demand for quality homes.

Alternatively, there is the option to renovate and extend the existing original home or design and construct your dream family home. (STCA) Richly rewarding whichever path you follow, this is an opportunity not to be missed.