131 Wilsons Road, Newcomb VIC

And yes there is a lovely home on it currently let to perfect renters. So the ideal scenario here is to inherit the renters , collect some income and plan for the future to take advantage of the Residential Schedule 2 Zoning. This zoning in a nutshell means you could go 3 stories high and have multiple apartments. This would be ideal given its great proximity to shopping facilities, transport and the city centre not far away. The huge 690 sqm block is just ready for this to maximise its true potential. Having said all of that this would make a very livable home for some years as you take advantage of the obvious capital gains that will continue to grow with such a zone and location. And just maybe you’ll make it your family home and not worry about the development. Plenty of choice here.