Are you a savy developer looking to build three to four townhouses in a prime location? Look no further than this impressive opportunity in Deer Park. The property sits on an allotment of 502m2 in a Residential Growth Zone - Schedule 1, making it the perfect location to expand your portfolio and secure your future. With the upcoming updated Deer Park Train Station, this fantastic proposition promises a bright future for you and your family. You have the option to move in or rent out the existing property for a great rental yield while you explore the potential subdivision opportunity (S.T.C.A) that this expansive growth zone land offers. But that's not all - if you're looking to build your dream home in a fantastic location, this property is perfect for you too. You can choose to demolish the existing property and start fresh, designing the perfect home for you and your family. With a prime location just a skip and hop away from amazing restaurants, groceries, schools/childcare, public transportation, medical facilities, and easy freeway access, you can have it all. Don't miss out on this excellent proposition - get in early and secure your investment today!