60 Ascot Street S

Altona Meadows VIC 3028

Exceptional Opportunity with Approved Plans & PermitsAn exciting opportunity awaits at 60 Ascot Street South, Altona Meadows - a property that blends immediate comfort with future development potential. This charming residence is positioned on a generous 553m (approx.) parcel of land and comes complete with approved plans and permits for two stylish, side-by-side double-storey townhouses. Whether you're a developer, investor, or homebuyer with vision, the hard work has been done for you. All that's left is to begin construction and reap the rewards.This offering is perfect for those seeking to build and hold for long-term rental returns, develop and sell for a healthy profit, or create dual living options for extended family. The choice is yours - and the possibilities are impressive.Why You'll Love It:- Redeem rental income as currently rented out for $2,042 per month.- Approved Plans & Permits for Dual OccupancyAvoid the stress and delays of council processes - the time-consuming and tedious work is complete. Build immediately and take full advantage of this ready-to-go development opportunity.- Flexible Options for Return on InvestmentBuild and retain both townhouses for strong rental income and long-term capital growthOr, sell both individually for an impressive return in a high-demand marketApproved Townhouse Plans:Townhouse 1 Ground Floor: Master bedroom with walk-in robe and ensuite Powder room & Laundry Kitchen with huge pantry, living and meals area Secure lock-up garageFirst Floor: Master bedroom with walk-in robe and ensuite Two additional bedrooms & Central bathroom with bathtub and a separate toilet. Separate Study roomTownhouse 2 Ground Floor: Two bedrooms, Central bathroom Open-plan kitchen, living and meals area Laundry and storage CarportFirst Floor: Two bedrooms & Central bathroomThe location is just as appealing as the property itself. Perfectly positioned in a quiet, family-friendly pocket of South Altona Meadows, you'll enjoy easy access to an array of local amenities. Central Square Shopping Centre is just moments away, providing all your daily essentials, while nearby parks, walking trails, and Altona Beach offer plenty of options for recreation and relaxation. Public transport options and convenient freeway access ensure seamless travel to Melbourne CBD and beyond. Families will also appreciate the proximity to well-regarded schools and childcare centres.With so much potential on offer and plans already approved, 60 Ascot Street South is the perfect opportunity for those ready to capitalise on a site that's ready to go. Whether you're looking to develop and profit, build your investment portfolio, or create dual living spaces for extended family, this is a rare and exciting chance to bring your vision to life.Disclaimer:Please note that all information in this advertisement is accurate to the best of our knowledge. We recommend interested parties undertake their due diligence, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist. Open for inspection times are subject to change; please check online on the day for the latest information.