WITH an existing four-bedroom house and newly rezoned 775sq m R40 block, this could be that investment opportunity you have been looking for.
Alternatively, astute homebuyers can sit on this goldmine for a few more years and enjoy the incredibly convenient family home, located just opposite the Coolibah Plaza shops and a few minutes from Greenwood train station, Greenwood College and West Greenwood Primary School.
The spacious residence is ideal for large families and offers three generous living areas and masses of outdoor entertaining space.
The master bedroom at the front has a walk-in robe and ensuite. Also at the front is a light-filled formal lounge room with a gas heating point and feature bar.
Adjacent to this is a formal dining room that flows on to the renovated kitchen with wraparound cabinets and benchtops, a large pantry, new appliances including a dishwasher, and an outlook to the alfresco entertaining space.
The three minor bedrooms, all with timber flooring, are in a separate wing together with the family bathroom and laundry.
Outside, entertaining is easy under the gabled patio in the private back yard.
Other features include reverse-cycle airconditioning, an alarm system and a large driveway with extra parking.