A rare opportunity to purchase 6 neighbouring allotments located at 449-461 Doncaster Road, Doncaster totaling 4313m2 approx. This site gives endless opportunities to investors and developers with the potential to build a multi-level residential development of apartments or town residences (STCA). The properties are located within the zoning of Residential Growth Zone 2 with a DD08-1 Overlay. Current improvements on the land are 6 homes which are all currently tenanted providing a rental income of approximately $162,244 per annum. Doncaster is located 15 kilometres east of Melbourne’s Central Business District and falls in the City of Manningham. Doncaster is well known in Victoria for Westfield Doncaster. With over 400 shops and 5000 parking spaces it’s one of the largest shopping centres in Melbourne. Serviced by major roads such as Doncaster Road, Williamsons Road, Tram Road, Elgar Road and the Eastern Freeway, Doncaster is quite easily accessible throughout Victoria Investment Features: • Significant main Road landholding of 4,313m2 in major growth location • Strategically positioned 450 metres approx. from Doncaster Park & Ride • 1.5km approx.. from Westfield Shopping Centre • Potential to buy the service lane (S.T.C.A) • Blank canvas for the property to be developed into residential housing or a mixed use building with commercial use (STCA). • Beautiful city views to be had if the proposed building goes multistorey. • Only 14.1 kms from the Melbourne CBD. building with commercial