The dream of developing (STCA) in a prized Nunawading location (in General Residential Zone 1) could soon be a reality should you become the next occupant of this perfectly positioned, two-bedroom home set on a huge 759sqm (approx.) allotment. Your future development stands to enjoy the full benefits of a premium location that's within walking distance of Mitcham Shopping Centre, Nunawading train station, Walker Park and Halliday Park and only minutes away from well-regarded schools and the Eastern Freeway. The property is currently leased for $340 per week, which should provide some financial security whilst plans and permits are being approved if you wish to develop at a later date. Lounge on entry enjoys plenty of space, so too does the central, well-appointed kitchen that flows through to an intimate dining setting that's perfect for sit-down dinners with the family. Two large bedrooms are serviced by the central bathroom which has both bath and shower and at the rear of the home is a large laundry and separate toilet. If kids are present, a large, grassed backyard will play host to epic soccer matches and backyard cricket contests. With gas heating, cooling, a large fully fenced rear yard and garage/workshop this property is a great find.