Incredibly positioned to take in amazing views back across Lilydale Lake, to Warrandyte State Park and the Christmas Hills, this magnificent as new dwelling on a huge, elevated block is a chance to secure your future in a high growth region. Attached to this magnificently modern residence are plans and permits with working drawings for 2 additional dwellings, both incorporating the contemporary tones enjoyed throughout the front home, this time spread over 2 spacious levels. Exquisitely finished, the existing single level property features near new carpets, a large sun-drenched front living room with reverse cycle split-system heating/cooling and an open kitchen with modern tiling and a meals space. The sparkling kitchen combines stone benches, 900mm stainless steel gas cooking and oven, range hood and dishwasher, with soft close storage, a double pantry and a tiled splash back. Off the hallway 3 bedrooms, 2 with robes, will accommodate the family and all are central to the contemporary main bathroom with walk-in rain shower, vanity and separate toilet. A matching laundry with outdoor access, pendant lighting, recently painted, new doors, new roller blinds and a landscaped front yard complete this picture perfect cottage home. Current plans for the townhouses include spacious and open living zones, modern kitchens, bedrooms across both levels and a powder room, double garages, spectacular master suites, plus study nooks. Ideally located within walking distance to the Warburton Rail Trail, close to Lilydale Lake, Main Street shopping, restaurants and cafes, Lilydale High School and train station, plus with easy access to Swansea Road, the Maroondah Highway, Eastlink and the Yarra Valley, this is an investment opportunity too good to miss.