5 McNabb Street, Berwick, VIC 3806

*ALL REASONABLE OFFERS CONSIDERED

*APPROVED PLANS & PERMITS FOR 2 X LUXURY TOWN HOUSES

*PRIME NORTH SIDE BERWICK LOCATION

Located in one of north side Berwick's most highly sought addresses and boasting "approved plans and permits" for the construction of two impressive townhouses, this amazing site has the potential to redefine your standard of living.

This site currently offers a 3-bedroom - 2 bathroom home providing options for both investment or owner occupy. With a little bit of work needed to bring back to its former glory, the home could comfortably accommodate a small family to live in or house a tenant until you start your new build process.

Additionally, the strategic location, merely 250 meters from Berwick's bustling main Street, ensures that you are never far from the heart of the action. The proximity to public transport, including bus and train services, not only makes commuting convenient but also expands the range of opportunities for work, leisure, and entertainment.

As the property falls within the catchment areas of Berwick Primary School and Berwick College, families can rest assured that their children will receive an education of the highest standard. The short distance to renowned schools such as Haileybury College, St Margaret's Berwick Grammar, Beaconhill's College and Nossal further underscores the educational excellence this location offers.

With interest rates stabilising and a server housing shortage in Victoria, new homes are in short supply and prices seem set to rise in the coming years. Add to this, Victoria's lack of capital growth compared to other states in Australia over the past 4 years, prices should only improve from now. The lucky purchaser doesn't need to start developing this block for 3.5 years, as the permit was only recently obtained, which should allow for capital growth in the market between now and then, making this brilliant opportunity even better value for money.

Our vendors have given us explicit instructions to sell the property as life and business has taken them in a different direction. Prior offer to auction are invited.

Now is the time to act! Call to arrange your inspection TODAY!

OBrien Real Estate prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.