Introducing The Noble Leonard, offering a promising prospect for the development of 4 double-storey townhouses in the heart of one of Melbourne’s evolving suburbs, Noble Park. Being on a rectangular corner allotment of 671sqm. (approx), each townhouse is ~20sq. and has been distinctly designed with an attractive array of features including separate street entrances, north-facing pitched roofs with windows to allow an abundance of natural sunlight throughout the day, private open space, low maintenance landscaping, master bedrooms with ensuites and internal garage access. Plans and permits have been approved and stamped by council for construction to commence at your convenience. Currently on site is a charming brick veneer home comprising 3 bedrooms with built in wardrobes, large windows, a traditional kitchen with plenty of bench and cupboard space, formal lounge room with heating, dinning area, bathroom and laundry. Venetian blinds were also recently installed. In the backyard is a carport as well as a large garage for ample storage space. The land is centrally positioned in the Residential 2 Zone however only a short stroll from the Business 1 Zone. Therefore within walking distance are all essential amenities including public transport, shops, schools, medical clinics, parks and swimming pools. Numerous strategies are achievable with this purchase, outlined as follows: 1) Rent the existing house on the front of the site while arranging finances to build all 4 townhouses 2) Rent the existing house on the front of the site and initially build only the 2 townhouses in the backyard and build the other 2 at the front at a later stage 3) Just move in and enjoy an extremely convenient lifestyle, knowing a profit is always possible from building the townhouses in the future. In any case, all the scenarios are financially favorable!