Ray White Commercial Ferntree Gully is thrilled to introduce this exceptional development opportunity situated in the heart of the charming and picturesque town of Gembrook. With a generous land size of 1614 sqm*, this property offers immense future development potential with its Commercial 1 Zoning (C1Z).
The property is currently graced by a neat three-bedroom plus sunroom/study home that offers the perfect investment income while the lucky purchaser decides the development path they wish to take or alternatively move straight in and enjoy the relaxed lifestyle on offer here. This charming home also comes complete with a freshly painted central kitchen and living zone with striking timber floors plus a main bathroom and separate laundry which leads to the sunroom and outside to your private backyard complete with a large rear double garage and separate storage shed.
The expansive block gently undulates and includes various fruit trees, veggie patches and herb gardens, a cosy fire pit zone for those wintery nights plus beautiful views of the Warburton Ranges. Notably, the property features significant street frontage onto Main Street, ensuring outstanding exposure and a steady flow of passing trade plus the block is free from native trees which would both maximise development potential.
The existing home holds promise for renovation to accommodate a wide range of enterprises or alternatively, STCA, it has huge potential to serve as an investment or redevelopment opportunity.
• Land Area: 1614 sqm*
• Building Area: 157 sqm*
• Impressive Main Street Frontage
• Three (3) Bedrooms plus sunroom
• Ducted heating and cooling
• Rear Double garage & storage shed
• Close to all amenities including schools, childcare, playground, cafes, supermarket and famous walking tracks
• Views of the Warburton Ranges
• Commercial 1 Zone (C1Z)
For further information or to book an inspection please contract Jarrod Peterson on 0409 408 544.