This spacious & comfortable residence, situated on 832m2 (approx.) offers you approved plans & permits for four double storey dwellings. This is a great investment opportunity for those savvy investors or an opportunity for buyers looking to take advantage of the existing dwelling. The plans & permits include the following: Unit 1: 3 bed, 3 bath, study, 1 car garage & 1 car space Unit 2: 2 bed, 3 bath, an upstairs retreat & 1 car garage Unit 3: 2 bed, 2 bath, an upstairs retreat & 1 car garage Unit 4: 4 bed, 3 bath, 1 car garage & car space. The existing home features a large open plan lounge & spacious kitchen with adjoining meals area providing plenty of storage & space for the chef of the family to cater for their loved ones. Accommodating three well sized bedrooms all serviced by a central bathroom & laundry. Outside offers you lots of space for kids & pets alike to roam around freely. Additionally, the home also offers a great outdoor entertainment area, perfect for hosting your family & friends & a carport & a garage for secure parking or an additional storage solution. The location is highly advantageous, as it is in close proximity to major amenities such as schools, shops, & public transport. The convenient access to the Princes Highway ensures a quick & easy commute to Melbourne in 50 minutes. Key features: - Perfect opportunity for investors looking for a development opportunity - The existing home offers 3 bed, 1 bath situated on 832m2 (approx.) - Close to all major & local amenities - Easy access to the Princes Highway for commuters to Melbourne CBD in 50 minutes & Geelong CBD in 10 minutes.