It's as easy as 1, 2, 3... This lovely home is not just a space, but a space to work with; offering renovation potential for first home buyers with underlying development potential for astute developers. Occupying a large 728 m/2 R40 lot only steps to local transport, parks and the educational precinct including, primary, secondary and north metropolitan Tafe, this property will make a welcome addition to your property portfolio. To maximise the site an approximately 18.2 meter wide frontage promises subdivision potential for a new triplex development. The home is rather characterful in the way it is laid out. Timber flooring, higher ceilings and an expansive games room that steps down from the passageway lends an attraction to renovate or earn the benefits of income potential in the short term whilst awaiting DA approval. The games room offers refrigerated air conditioning and opens through glass sliding doors to the side pergola and barbecue entertaining zone ideal for family and friends that come drifting in any time. The quaint kitchen will be the centre of operations with the laundry neatly abutting alongside. A central passageway connects the bedrooms and family bathroom. Offering two living areas, three bedrooms and study or fourth bedroom the home can comfortably meet the demands of the growing family. Given the location and land value, the house makes the most of its placement near the areas choice of schools with easy access to Reid Highway. Viewings by appointment are available. Offering outstanding value and ticking all of the boxes for experienced developers this property is not to be missed, be sure to enquire today before it gets snapped up.