49 Bank Street

Exceptional Development Opportunity with Plans and Permits to Build 6 x 3-bedroom Townhouses in Box Hill Central (RGZ2 Zone).

Unlock an extraordinary opportunity in the heart of Box Hill with this exceptional property. Situated on a generous 877 sqm (approx.) of prime land, featuring frontage to the street and rear laneway access, this parcel provides developers and investors with the ideal canvas for realizing ambitious plans. Secured with plans and permits in place to construct 6 contemporary 3-bedroom townhouses, the potential for capitalizing on this space is unparalleled. The existing 1920s period home exudes charm and character, offering 4 bedrooms, 2 bathrooms, and a versatile dual-living layout with two fully equipped kitchens. From its soaring ceilings to its parquetry timber floors, every aspect of this residence speaks to timeless elegance. Noteworthy features include open-plan living and dining areas, gas heating, split-system cooling, solar panels, and a generously proportioned backyard with ample storage facilities. Benefit from the ultimate convenience of residing within walking distance to Box Hill Central, renowned dining establishments, public transport links, Box Hill Hospital, educational institutions such as Box Hill TAFE, and being situated within the esteemed Box Hill High School zone. With its north-facing rear aspect and close proximity to essential amenities, this property presents an unmatched opportunity to capitalize on the thriving Box Hill market. Seize this moment to leave your mark in one of Melbourne's most coveted locales.