46 Loretto Avenue
Ferntree Gully, VIC 3156

Overview

Two Side by Side Townhouses with Town Planning Approval

Located in a well-established and highly desirable area of Ferntree Gully, this outstanding development opportunity offers approved plans for a modern dual occupancy project. This presents an attractive prospect for investors, builders, and developers looking for their next project. The site also offers flexibility as an open canvas to explore alternative multi-unit development options, subject to council approval, enhancing its potential appeal.

The property is set on a generous allotment and includes thoughtfully designed plans for two double-storey residences. Each residence features spacious layouts and modern living areas designed to meet contemporary lifestyle needs. The plans include four generously sized bedrooms per dwelling, with two bedrooms featuring ensuites and an additional semi-ensuite complemented by a powder room, providing comfort and versatility for family living.

The design emphasizes open-plan living with well-appointed kitchens that include walk-in pantries. Private outdoor spaces, including large backyards, and secure double garages for each dwelling add to the appeal for future residents and investors alike. The approved plans detail a well-considered site layout with dedicated driveways and private open spaces, maximizing the use of the land efficiently.

Each dwelling will have its own title with no shared or common land, designed to optimize liveability, natural light, and privacy. This thoughtful design ensures broad market appeal upon completion. The location is a significant advantage, offering excellent convenience with close proximity to local shops, established schools, parklands, and public transport options. Easy access to major arterial roads enhances connectivity to surrounding suburbs and key amenities.

With planning approval already secured, this is a rare chance to acquire a ready-to-develop project in a proven growth area, allowing buyers to proceed with confidence. This opportunity combines lifestyle benefits with strong investment potential.

Key features include:

• Town planning approved development
• Dual occupancy project
• Two double-storey dwellings
• Four spacious bedrooms per dwelling
• Two ensuites plus a semi-ensuite with powder room
• Multiple living zones
• Open-plan kitchen, living, and dining areas
• Kitchen with walk-in pantry
• Private open spaces with large backyards
• Double garage for each dwelling
• Separate driveways
• Contemporary architectural design
• Ensuite and walk-in robe to master bedroom
• Ground floor guest bedroom
• Powder room in each dwelling
• Dedicated laundry areas
• Alfresco areas
• Well-planned site layout
• Generous land holding
• Located in an established residential street
• Strong investment potential
• Ready for development
• Potential for multi-unit development (subject to council approval)

The location offers the convenience of a well-connected Ferntree Gully address, just moments from local shopping precincts, quality schools, parklands, and public transport. The area provides a balanced lifestyle with easy access to everyday amenities while maintaining a peaceful residential environment, making it highly attractive for future occupants. It is within walking distance to Fairhills High School, Fairhills Primary School, and Fair Park.

Inspections are available by appointment only.

Location