Fantastic opportunity to secure this site with huge development potential, reaping the benefits of a terrific sort after location in the heart of Lilydale, with approved plans to build seven very attractive modern units. If you're looking for an exciting development opportunity to get stuck into, then this is it! The substantial site, has approved plans that allow for four double storey and three triple storey units, with an existing home to live in or rent out in the meantime. Conveniently located within a short 1 km, 14 minutes' walk (according to google maps) to Lilydale Station, and in close proximity to numerous amenities, schools and public transport, this property has huge development potential with unrivalled resale value.