Discover your dream project in Lilydale! This 1019 square meter gem offers endless potential and a prime location. Situated in the coveted high density zone of Lilydale, the potential for a well designed multi-unit development (STCA) will have great appeal to developers. An existing charming character home with two bedrooms can be lived in or leased while plans for redevelopment are obtained. Convenience is at your doorstep with shops, schools, cafes, and the Lilydale train station within walking distance. Top-rated schools, including Victoria Road Primary, St Patricks Primary, Lilydale High School, and Mount Lilydale Mercy College, are nearby. Enjoy the tranquillity of the leafy locale, right on the doorstep of the Yarra Valley. Chirnside Park Shopping Centre, Eastland, and the Eastlink Freeway are easily accessible, providing various lifestyle conveniences. With sites like this becoming rarer by the day, this property represents an opportunity that will surely not last long! For more information or to arrange a viewing, contact us today.