154 Riversdale Road Hawthorn

Ideally located in the Hawthorn heartland, properties like this simply don't come around very often. Offered for the time in 37 years, this original inter-war era home c1926 represents an outstanding apartment development opportunity with a 13.5m height limit. A rare opportunity in a fantastic location on the doorstep of Scotch Hill, the property sits on a 756sqm approx. block within Residential Growth Zone - Schedule 1 and has right of way at the rear. Close to Glenferrie Road shopping, public transport and leading Melbourne independent schools, this is an outstanding opportunity with the best of both worlds - a sought-after location and highly desirable zoning for the right developer, with no significant trees. Not only does the property offer huge potential as a development site, the home is also an attractive rental prospect during development planning. It boasts an open plan kitchen and meals area, formal living and dining and three bedrooms, all with BIRs. The serviceable bathroom features shower over bath, complemented by a separate laundry and second toilet. At the rear a large back garden and lock-up garage to complete the picture of a highly marketable rental.