Great opportunity to obtain two properties at a price that has, in some instances, not been enough to secure one. The single-level Australian colonial, on just under three acres (12,000sqm), has a DA-approval to sub-divide off two-thirds of an acre (2672sqm) at the rear of the property with the access coming off a completely different street, ensuring maximum privacy. There are many options attached to this property, all of them excellent for the buyer. A nearby 1 1/2-acre property (6000sqm) with no sub-division potential, sold recently for $1.2m and a residential home in Vermont Estate sold for $950,000.

* Single-level Australian colonial-style brick home'
* Four bedrooms plus massive office area
* Inground pool adjacent covered entertainment area
* Big shed with high clearance doors and 3-phase power
* DA-approval to subdivide beautiful block at the rear
* Upgraded kitchen with stainless steel appliances
* At the doorstep of prestigious Vermont Estate