14 - 16 Toolern St Melton South VIC 3338

Site Area: 3858M2* combined

Frontage: 45.6M* combined frontage

Zoning: Residential Growth Zone Schedule 1

Permit status: Permit granted for 24 townhouse development

Location: Prime location with convenient access to Exford Road shops, High Street Commercial precinct, Woodgrove Shopping Centre and close to Western Freeway access. Close to major primary and secondary schools. Walking distance to Melton Railway Station.

Key attributes:

+ Two separate titles (to be sold together)

+ Both parcels consist of 3 Bedroom Homes, currently tenanted

+ Permit has been granted by the local council for 24 Townhouses, with a mix 4 x 3 Bedroom and 20 x 2 Bedroom dwellings

+ More viable options can be explored STCA

+ Located within one of Australia's strongest growth corridors with population forecast to double by 2050 (Source: Forecast.id)

* All measurements of time, distance and area are approximate only