5 Valentine Street, Bulleen, VIC 3105

5 Valentine Street, Bulleen, VIC 3105 Approved Development Opportunity in Prime Location

This versatile home offers immediate comfort and strong investment potential on a generous 881sqm (approx.) allotment, complete with an approved planning permit for two new side-by-side homes (40sq and 32sq) with individual frontages. Ideal for dual families wanting to live close together or a fantastic long-term investment, this well-presented property provides strong rental income until you're ready to build.

Designed for flexibility, the ground floor is perfect for multi-generational living or additional income, featuring a self-contained space with a lounge, tiled flooring, exposed brick accent wall, kitchenette, and a bedroom with a walk-in robe and ensuite. Stepping outside, you?ll find a double garage, a spacious north-facing backyard with a veggie patch, two storage sheds for extra convenience, and a covered alfresco area?perfect for those who love to entertain.

Upstairs, the sunlit living and dining area boasts polished timber floors and a balcony capturing elevated views. The bright kitchen features classic white shaker cabinetry and stainless-steel appliances. Three generously sized bedrooms, all with timber flooring, are paired with a spacious bathroom fitted with an updated shower screen and matte black tapware.

Enhancing its appeal, this property is centrally positioned within a five-minute drive to premier shopping destinations, including Westfield Doncaster, Bulleen Plaza, Macedon Square, and Doncaster Village. It is also near Timber Ridge Reserve, Koonung Creek Trail, Templestowe Valley Primary School, and Templestowe College. Offering easy access to the city and Peninsula, it is just minutes from the upcoming North East Link Freeway, currently under construction?delivering unmatched convenience and connectivity.