Sitting on a generous 666sqm (approx.) block of opportunity is this beautifully updated three-bedroom gem, which could line your pockets with income as a rewarding rental, accommodate your young family's next chapter of memories or play out your development dreams, now or in the future (STCA).
In fact, thanks to the home's pristine presentation, which sees the floors dressed with sparkling polished timber floorboards, large lounge filled abundantly with natural light, the fresh interior presented with a contemporary palette and loads of space afforded to the bright kitchen and generous-sized bedrooms, you have the luxury of time on your side and therefore won't feel rushed into a making a decision. Just move straight in (or rent it out) and enjoy!
In the meantime, you could consider the options that stand before; that being, maximising the full potential of the block and building a collection of ultra-contemporary townhouses to complement the five-star location or retaining the front home and developing your nest egg (STCA) in the huge backyard that currently accommodates a large double garage, plenty of grass for the kids to explore and a freestanding bungalow that can be used as a teenager's retreat, guest accommodation or a quiet home office.
What's also guaranteed to excite is the prospect of living or developing! in the heart of Reservoir, where Reservoir Leisure Centre and TW Andrews Reserve stand across the road and Broadway shops and cafes, Reservoir train station, Reservoir East Primary School and Plenty Road trams are within short walking distance. Northland Shopping Centre, Bundoora Park, Edwardes Lake and La Trobe University are also just minutes away.