Opportunities like this are as impressive as they are rare. This exceptional corner site stands directly opposite the newly built M-City complex with the potential to be a most lucrative residential development project in this area. General Residential Zoning 6 and a corner position make this property the perfect high-density development, with triple-story potential subject to council approval (STCA). The home is comfortable as-is, including hydronic heating, split system cooling in the lounge, three bedrooms, generous living and dining options, and a deep east-facing backyard with a two-car garage/workshop and separate gated vehicle access off the side street. Rent out and accumulate capital gains as you plan for future development. In an area synonymous with convenience, retail options at your front door and access to arterial roads, proximity to Monash University, major shopping outlets including Springvale Homemaker Centre, M-City, Clayton Village (cafés & restaurants), Clayton Station, Oakleigh Mall, and Chadstone Shopping Centre. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist