173 Morack Road

Vermont South
Bedrooms 4
Bathrooms 2
Parking 4
Land size 1191sqm
1630000
Sold on 23 Dec 2020
Resources
PDF Brochure
Property Information
Region
East
Category
House
Bathrooms
2
Bedrooms
4
Carports
2
Other Parking
2
Pool
Air Conditioning
Ducted Heating
Inside Spa
Vacuum System

3 Townhouses plan permit ready, Unmatched Development Opportunity in Vermont Secondary College Zone

Calling all keen-eyed developers on the hunt for their next exciting project, this is an opportunity too good to miss. This large 1,191sqm corner block currently houses a sprawling four-bedroom, two-bathroom home and comes with all working plans and planning permit for three new street-front residences.

With all working plans and planning permit already in place, all you need to do is to appoint a builder, apply for a building permit and this new project can start straightaway. Enhancing the appeal is the fact a new planning permit application would only allow for two dwellings to be built on site rather than the already-approved three large and well layout residences measuring 31 - 36 squares each, approximately $4.5 Million for the whole project.

You could also choose to move in and enjoy the current home or offer it to the rental market while you lock in the opportunity and await the best time to commence construction. The current house layout is spacious and light-filled with multiple living zones and a central, well-equipped kitchen.

All this is set just a short walk from Vermont Secondary College and the Morack Public Golf Course while shops, a host of dining options, public transport links and a long list of must-have amenities are all only moments from your front door. The bustling Melbourne CBD is also just a 35-minute drive from this must-see property.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer:
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Vermont South Market Trends & Statistics

Recent Median Prices
Previous quarter
Houses
4.85%
$1,578,000
Units
19.09%
$1,015,250
Housing Stock Breakdown
Suburb market composition
5,172
Properties
79.16% Houses (4,094)
20.84% Units (1,078)

Nearby schools in and around Vermont South

Vermont Secondary College
Secondary
0.86 km
 
Vermont Primary School
Primary
1.58 km
Catchment
St James' School
Primary
1.88 km
 
Wantirna Primary School
Primary
1.94 km
 
Camelot Rise Primary School
Primary
2.10 km
 
St Timothy's School
Primary
2.14 km
 
Vermont South Special School
Special
2.15 km
 
Livingstone Primary School
Primary
2.16 km
 
Rangeview Primary School
Primary
2.44 km
 
Weeden Heights Primary School
Primary
2.58 km
 

"Distance" refers to the straight line between the property and the school address on our database. We recommend contacting schools directly regarding zoning and admissions.

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