Investors have the green light to start building with permits approved for two townhouses on this 800sqms (approx.) site backing onto beautiful Scotchmans Creek. Set in the school zone for Mount Waverley Primary and Mount Waverley Secondary (STSA), the weatherboard has tenants keen to stay on as you embark on the next exciting chapter for this parkside property close to Jordanville station, the Huntingdale Wetlands, just a 7min drive to Chadstone the Fashion Capital. The approved permits pave the way for two freestanding family sized town houses - double storey with 4 bedrooms including a ground floor bedroom, north facing living, a garage and pergola. For new builds in a location with a back gate to parkland, in the prized MWSC catchment and close to Oakleigh's Greek food village, it's an exciting transition to take, made easier with the council approval already in place. Current tenants are eager to stay on beyond the 6-month lease, with the home offering hardwood and polished concrete floors, reverse cycle split systems, a galley kitchen with gas cooktop and Bosch dishwasher, free-flowing entertaining area and a large, covered deck looking out across the walking trail. The timing is perfect in the lead up to the 2024 Chinese New Year of the Dragon - the ultimate symbol of power, fortune and prosperity.