An incredible and exclusive offering, this 1,307m2 (approx) combined Residential Growth Zone 1 on two separate titles along with plan & permit for 10 townhouses will strongly appeal to astute investors and developers with commercial or residential interests. Currently, both homes have tenancy agreements in place with comfortable conditions- an ideal scenario to take on whilst determining future plans. Together with adjoining properties 408 & 410 Burwood Highway, Vermont South, delivering unparalleled potential on a combined 2,614m2 (approx) further as the prospective site for a multi-level development (STCA). This unique opportunity is located next to Billabong Park and walking distance to Route 75 Tram, buses and Vermont South Shopping Centre and minutes to Vermont Secondary College, PLC, Deakin University, Weeden Heights, Livingstone Primary, Morack Golf Course, The Glen, Knox Private Hospital, 13.9 km to Chadstone Shopping Centre and 22 km to the CBD. - Buy two side-by-side lots or four blocks together with 408 & 410 Burwood Highway, Vermont South - North facing on the high side of the road with service road access - Zoned in the Residential Growth Zone Schedule 1 to accommodate multi-storey development (STCA) - A superb location in the central hub of trams, buses, shops