Wurley

A rare and strategic opportunity for developers, builders, and investors alike this exceptional double block of approximately 1,197sqm (combined) comes with a Planning Permit approved for 8 modern townhouses. Perfectly positioned on a quiet street in the ever-growing Sunshine North, this site also boasts an existing house generating immediate rental income, making it a smart buy-and-hold or develop-now investment., , Property Highlights:, - Addresses: 2 & 4 Eastcote Street, Sunshine North, - Double block total land size approx. 1,197sqm across two titles, - Planning Permit approved for 8 architecturally designed townhouses, - Current dwelling: Original home with 34 bedrooms, well-maintained, - Rental income of $1,955 per month providing holding income while preparing for construction, - Flat, clear site with minimal demolition required, - Zoned RGZ1 Residential Growth Zone Schedule 1, , Location Advantages:, - Quiet, tree-lined street in a well-connected residential area, - Moments from Sunshine Hospital, Victoria University, and quality schools, - Close to Sunshine Shopping Centre, buses, trains, and major freeways including the Western Ring Road, - Only 13km from Melbourne CBD, , The Opportunity:, With plans and permits already in place, this site offers a ready-to-go development in a high-demand location, coupled with solid holding income from the existing residence. A perfect choice for those looking to secure a project with strong growth potential and immediate cash flow., , Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any pertinent matters.