2 RUSSELL STREET, Bulleen VIC 3105

Occupying a substantial allotment of approximately 1,036sqm, this versatile Bulleen opportunity combines immediate family comfort with exceptional future potential. Whether you are looking to renovate, invest, lease out or capitalise on the approved development scope, this is a property offering flexibility and long-term upside. Privately positioned behind established gardens, the existing residence provides generous proportions with multiple living areas, a functional timber kitchen, spacious bedrooms and expansive outdoor entertaining space, delivering comfortable accommodation for families or tenants while future plans are explored. Adding further appeal, the property comes with approved plans and permits for three well-designed town residences, presenting an increasingly rare opportunity for developers, builders and astute investors seeking their next project in a tightly held and rapidly evolving pocket of Bulleen. Ideally located moments from Bulleen Plaza, Macedon Square, Westfield Doncaster, parklands and the Eastern Freeway, the home also enjoys convenient access to quality schools, cafes, walking trails and the CBD. A compelling opportunity to secure a sizeable landholding with existing income potential and exciting development prospects in one of the eastern suburbs’ most connected locations. - Land size of approximately 1,036 sqm - Approved plans and permits for 3 townhouses - Comfortable existing home with multiple living zones - Expansive outdoor entertaining and backyard space - Excellent opportunity for developers, investors or landbank buyers - Close to Bulleen Plaza, schools, parklands and freeway access