For the astute investor, this large block with R2 zoning and existing home presents exceptional potential to acquire a readymade investment. It is a prime 1061sqm with approved subdivision into 2 blocks. This site is prime for redevelopment of the two separate parcels of land and is only a 250m walk to the main street shopping precinct, 400m to Milton Public Schools and parks nearby. - Land Size: 1061m2 with approved subdividivison into 5a Charles - 508.5 Sqm and 5b Charles 552.5 Sqm - Currently also contains a very neat and tidy renovated residence tenanted at $420 per week - 2 bedrooms, up-dated kitchen, modernised throughout - Outdoor entertaining area, lock up garage, fenced low maintenance gardens, rain water tank - The Subdivision for 2 blocks has been approved and will be finalised upon the demolition of the existing dwelling * contact agent for further details re subdivision finalisation - Walk to Milton township shops, cafe, restaurants, schools and hospital - 5 minute drive to either Narrawallee or Mollymook Beaches - A rare opportunity not to be missed Agent's interest.