A site that emphasizes the 'land' in landmark, this enormous 1640m2 allotment features a second street frontage to President Lane and dimensions of some 81.23m in depth behind a broad 20.18m frontage. Prominent and convenient in its setting, the site is currently occupied by 4 free-standing (3 x 3 bedroom & 1 x 2 bedroom), entirely comfortable dwellings, each offering the potential rental returns between $450-$600 per week each. The present day potential income stream of the allotment is a huge advantage to have while steps are taken to put the approved plans and permits into action - illustrated by superb designs for 6 fresh residences from the creative team at Dig Design. Luxurious living spaces, quality kitchens, bright bedrooms and beautiful bathrooms will be complemented by private outdoor spaces, desirable balconies and secure car parking. Plans available on request. Without doubt one of Williamstown's most significant openings and opportunities for some time - an address that's ready to be re-defined and to deliver outstanding rewards far into the future. • 1640m2 approx. development site, 2 street frontages • 81.23m depth with 20.18m street frontage • Currently comprises 4 functional homes • Rental potential of $450-$600pw for each • Plans and permits to create 6 residences • Superb concepts from the team at Dig Design • Significant site offering massive scope • Prominent, convenient lifestyle location • Easy access to schools, shops, transport • A major landmark development opportunity