4 Waratah Street, Thomastown, Vic 3074

An exceptional opportunity awaits in a highly desirable Thomastown setting, where a substantial 860sqm; north-facing allotment presents an exciting proposition for builders, developers, renovators and astute buyers looking to unlock the full potential of a generous parcel of land.

Positioned on a sizeable block with a favourable north-facing orientation, this property offers the rare combination of an existing family residence and significant landholding, creating an outstanding foundation for a range of future possibilities. Whether your vision is to undertake a comprehensive renovation, create your dream family home or explore the potential for a new development, this is an opportunity that deserves serious consideration.

The existing residence offers comfortable accommodation with three bedrooms, generous living and dining areas, a well-appointed kitchen and meals area, central bathroom and separate WC. A large garage and established outdoor areas add further practicality, while the home provides a solid foundation for those looking to renovate, extend or make the most of the substantial land behind it.

For renovators, the existing home offers scope to modernise and transform the current accommodation into a contemporary family residence, while taking advantage of the generous land component and desirable northern orientation.

For builders and developers, however, the land is where the real opportunity lies. With approximately 860sqm; of land, the property provides a substantial canvas for those looking to investigate future development possibilities, subject to the necessary council approvals and planning requirements. The combination of land size and orientation makes this an appealing proposition for those searching for their next project in an established residential location.

The north-facing aspect is another key advantage, offering the opportunity to maximise natural light across a future home's living areas and outdoor spaces. For those looking to build, the size and orientation of the allotment provide flexibility when considering the design and layout of a future development.

The existing home also means buyers have the option to move in, lease out or take the time to carefully plan their next move, rather than being committed to an immediate redevelopment.

Situated in an established Thomastown neighbourhood, the property is conveniently positioned close to local shops, schools, parks, public transport and major road connections, providing the everyday convenience that makes this location so appealing.

Type

House

Bedrooms

3

Bathrooms

1

Parkings

2

Area

860 m²