Calling builders, developers and investors alike! Presenting an incredible opportunity to secure this 858m2 (20.11m x 42.67m) property located in a residential growth zone at the heart of sensational Springvale offering huge potential for multiple townhouses or multi storey apartment complex (STCA). Rezoning request to change to commercial zone has been submitted by the vendor to the council and is currently being considered. All the work has been done to fully renovate the existing home in 2015 with an extensive list of improvements including new kitchen, bathroom and laundry, new split-system air conditioners and central gas heating, new floor polishing, re-wiring of the whole house, new plumbing system, concrete re-stumping, new colorbond steel roof, and freshly painted exterior & interiors. Only 100m to the new train station and literally walking distance to the vibrant Springvale shopping centre with all the amenities you could ask for right at your doorstep. Don't miss this substantial property, contact us today!