Elite Location, prime development opportunity!<BR><BR>This coveted location in the sought-after suburb of Norwood presents an outstanding opportunity for developers or renovators. The 833sqm (approx.) allotment with 3 Street frontages (Cyan Lane, Cyan Place & Edward Street) presents the perfect opportunity to build a luxurious new family home or multiple residences. Alternatively those with imagination and vision can take the existing Bungalow to the next level capitalising on the future gains in this highly regarded area (STCA).<BR><BR>Currently in immaculate condition inside, this residence is ideal to rent out while considering the options, designing plans and or obtaining permits.<BR>The current family home has recently undergone some refurbishing with ceramic floor tiles throughout and a new kitchen with Miele appliances. With accommodation comprising of an entrance hall, sitting room with open fireplace, adjacent dining, four bedrooms (two with en-suites), an upstairs study, third bathroom with spa and separate laundry. <BR><BR>Perfectly located close to The Parade shopping precinct, restaurants and cinema, with quick access to public transport, all providing the great lifestyle benefits that Norwood is renowned for.<BR><BR>Features<BR>• Two en-suite bathrooms<BR>• Miele kitchen appliances<BR>• Open Fireplace<BR>• Gas wall heater<BR>• Reverse cycle zoned ducted air conditioning<BR>• Cellar<BR>• Separate laundry with double sink and cupboards<BR>• Large under cover patio with ceiling fans<BR>• Large rear yard with shed & ample storage<BR>• 3 street frontages (Cyan Lane, Cyan Place & Edward Street)<BR><BR>Nearby<BR>• The Parade Norwood shops and restaurants<BR>• Norwood Cinema<BR>• Magill shopping precinct<BR>• Public transport<BR>• The Norwood, Bath and Colonist hotels<BR>• Norwood Oval<BR>• Great schools