VICPROP is delighted to offer you this 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. The property is being sold via an expression of interest ending on the 2nd of September 2021 at 4:00pm unless sold prior. Investment Features: • Prominent corner site • Significant main road landholding of 4,313 sqm in major growth location • Strategically positioned 450 metres approx. from Doncaster Park & Ride, 1.5km approx. from Westfield Shopping Centre and next door to Tullamore Doncaster by Mirvac which is producing over 800 dwellings to the old Tullamore golf course. • 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 (S.T.C.A). • Beautiful city views to be had if the proposed building goes multistorey. • Only 14.1kms from the Melbourne CBD Inspection of the site is only available by appointment, so please advise if you would like a tour of the existing homes.