A rare opportunity presents itself to developers looking for an affordable lot less than 7km from Melbournes CBD. With plans and permits approved for 9 boutique townhouses, each with their very own street frontage and situated amongst Ascot Vales finest amenities this lot is sure to be snapped up quick.
On offer as a mortgagee sale with construction having commenced on the property, demolition work has been completed and the concrete slabs have been started and are waiting for you to take over the project.
The plans include four 3 bedroom units, three 2 bedroom units with a study and two 2 bedroom units, the 888m2 (approx) lot also enjoys a unique corner setting with three street frontages from The Crescent, Francis St and Ascot Vale Rd.
The location is perfect with Union Rd shopping precinct, Ascot Vale Train Station and Trams on Mt Alexander Rd all within walking distance, youre also nearby to Ascot Vale Primary School, Newmarket Plaza, Rothwell Park and for avid racing fans, Flemington Racecourse is just a stones throw away.
