Townhouse Development Projects Available In Melbourne
1 Somerville Lane, RIDDELL'S CREEK - approx 2.020 m2 block, with Planning Approval issued in August 2022 for five single story, three bedroom, two bathroom, double garage townhouses.There is currently a substantial dwelling on the property, which is currently rented to tenants at $400 per week. The tenants are happy to either stay on or vacate after settlement.The Vendor is offering generous contract terms of only 5% deposit, with a 30 day settlement.A copy of site plans and approval is available on request - $920,000
3 Somerville Lane, RIDDELL'S CREEK - approx. 3,500 m2 property, with application currently before council seeking planning approval for ten x 3 bedroom, two bathroom, double garage single story townhousesThe property currently has a substantial dwelling which is currently tenanted at $400 per week, with the tenants happy to stay on after the sale. There is also some sundry shedding on the property as wellThe Vendor is offering contract terms of 5% deposit, with a six month settlement..In addition, if planning approval has not been granted at the time of contract signing, the Vendor is happy to make the sale conditional upon council approval being given - $1,295,000 - 6 month Settlement