Discover the potential of this meticulously planned development, featuring town planning permits for five double-storey townhouses. Strategically situated in a coveted locale, this property offers an exceptional opportunity for developers and investors whilst currently tenanted for $1390 pcm on a periodic lease. This development boasts versatile configurations to cater to diverse preferences. Among the five townhouses, two residences feature three bedrooms and two bathrooms each, one with a convenient double garage and the other with a single. Additionally, three townhouses offer two bedrooms and two bathrooms, all equipped with garage facilities. Positioned in a highly desirable location, residents will enjoy proximity to essential amenities. Situated near Glengala Road shops, St Pauls Catholic School, and zoned for esteemed educational institutions like Sunshine College, Marian, and Sirius Colleges, convenience is at your doorstep. Easy access to the Western Ring Road, bus services, and the nearby Sunshine train station further enhances accessibility. With a generous land area spanning 929sqm, there's ample space for contemporary living arrangements and outdoor amenities. The town planning permit, secured in January 2024, presents an immediate development opportunity. Capitalize on the burgeoning demand for quality housing in the area and unlock the potential for significant returns on investment. Don't miss out on this rare chance to acquire a ready-to-develop property in a flourishing locale. Enquire now to secure your stake in this lucrative investment opportunity.