151 Ferntree Gully Road, Mount Waverley, Vic 3149

Only on the rarest occasion do 3 units on one title with such dramatic dimensions (966sqm approx) and irresistible potential become available in such a sought-after location. Currently occupied by three 2 bedroom, 1 bathroom villas, this significant opportunity delivers enormous scope as an exceptional investment or remarkable development prospect (STCA). The impact of the size and possibilities dominates first impressions, while the option to lease out individually and collect separate incomes is a rewarding short or long term investment opening. Alternatively, renovate each villa to add value, take advantage of the current town planning permit to subdivide the three dwellings, or utilise the vast block to design and build multiple townhouses (STCA). Positioned within the Mount Waverley Secondary College catchment, walk to Stanley café and minutes to parklands, an IGA Express, schools and various transport options.

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