This is a very interesting proposition. Sound and attractive, 3 plus study brick veneer home with double garage, currently tenanted, set on approx 1012sqm with a current Town Planning Permit to retain the house and to construct a 4 Townhouse development, if you also purchase the property behind it at 4 Salisbury Court Sydenham, which is a vacant block of approx 1012sqm. You will have over half an acre in total area, you can rent the existing home and build the project. Alternatively, the properties can be purchased individually, without using the current permit. Price Guide for each property is $450,000-$480,000, if purchased individually. Call now for full particulars.