Abundant in space and potential, this exciting 1,128sqm allotment presents a life-changing opportunity for the buyer with vision. Generating $380 per week in rent, the existing four-bedroom home featuring two bathrooms, polished timber floors, spacious kitchen with gas cooking, heating, sizeable backyard and a two-car garage allows you to line your pockets with income from the outset. However, given there’s scope to build three or four units/townhouses on the huge block (STCA), the destiny of this rewarding property is clearly one of development (STCA). Once you're given the all clear from council, your brand new contribution to the Manningham streetscape will stand within minutes of Aquarena Leisure Centre, Ruffey Lake Park, bus services, Templestowe College, St Gregory The Great Primary School, Westfield Shoppingtown, Macedon Square, Templestowe Village and the Eastern Freeway.