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House for Sale in Ferntree Gully
Approved for 4 Townhouses on 725m² - Build Now or Hold
- 3 Beds
- 1 Bath
- 5 Cars
Sites like this don't come around often. Set on approximately 725m² with a 16.4m frontage, this property comes with plans and permit for four townhouses already in hand. Most of the planning work is done, so you can move straight to building.
The existing three-bedroom, one-bathroom home is comfortable enough to live in or lease while you finalise finance and builder quotes. That gives you rental income during the holding period and flexibility on when you start.
The land is a regular, rectangular block (approx. 16.4m x 42.5m-43.3m) with a rear width of 17.8m. It sits on the Ferntree Gully Road service road, which gives you main-road convenience with a quieter access point. The Dandenong Ranges are right on the horizon, and the location is already family-friendly:
- Mountain Gate Primary School - 650m
- HV Jones Reserve - 1.0km
- Knox Regional Netball Centre - 2.1km
- Koolamara Waters - 3.2km
This suits developers, builders, and investors who want a shortcut through council, as well as owner-occupiers who want to live on the site now and develop later.
Key features
* Approx. 725m² allotment
* Plans and permit for 4 townhouses (Permit No. [insert])
* Existing 3 bed, 1 bath home, can be lived in or leased while holding
* 16.4m frontage to service road
* Walk to Mountain Gate Primary School
725m² / 0.18 acres
5 garage spaces
3
1
Next Steps:
Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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