Calling developers, investors or new home builders. If you are looking for your next townhouse development or a new home to live in, this property is the ultimate offering in future flexibility. Meet with your architect, let your imagination run wild and design the city-edge home you have always desired or consider multiple townhouses or units (All STCA). The possibilities are endless. Location is the key to success with this one. It's positioned handy to many of Bendigo's major facilities – the hospital, private and public schools, Lake Weeroona, public transport, sporting/entertainment venues and the CBD to name a few. The rectangular, flat block measures approx. 644m² and currently accommodates a modest three bedroom home with lounge, kitchen/meals, bathroom with separate shower room, laundry and rear covered deck. Behind the home is large yard with side driveway and carport. Design and rebuild now, renovate or continue to rent the house and land bank for a few years before developing – either way the strong precedent for development in the immediate area is a wonderful opportunity to capitalise on the capital growth potential.