Versatile Riverside Allotment In Leading Enclave

Commanding an elevated and imposing standing on one of South Yarra's most recognisable tree-lined boulevards, this generous 600sqm approx. riverside allotment presents an exciting opportunity with flexibility to redevelop one house, townhouses, apartments, or renovate the existing maisonettes (STCA). Offering a broad street frontage of 18.3 metres, height limit up to 12 metres under GRZ Schedule 5, and two charming maisonettes each featuring three bedrooms, one bathroom, study, living/dining, kitchen, powder room, and off-street parking for two cars. Perfectly positioned in one of South Yarra's most sought-after enclaves surrounded by world-class development and private homes, within walking distance of Chapel Street, Church Street & Toorak Road retail precincts, Como Park, Yarra River trail, Royal South Yarra Lawn Tennis Club, accessible transport options including South Yarra Station, no.78 tram, and 605 bus. *Future potential uses of this land and/or dwellings are subject to council approval* Land size: 600sqm (Approx.) Zoning: General Residential Zone: Schedule 5 (GRZ 5)