Presenting major opportunity set on a coveted corner block, this unique three bedroom, two bathroom split residence offers versatile rental return potential, alongside option to enhance/develop (STCA). On the same title, the property is broken up into two separate residences, each with their own private entry and courtyard. The south-facing wing (with street frontage on Union Street) boasts original decorative ceilings, two bedrooms, central bathroom with freestanding tub, lounge room and equipped kitchen/meals. Meanwhile, the north-facing wing features a double-storey design with the top floor hosting a sizeable, robed bedroom. Complete with equipped kitchen, open meals/family and neat bathroom adjoining laundry facilities. Whether owner occupiers find comfort in one wing and rent out the other, or builders/developers take full advantage of the sought-after block, this chance should not be missed. Enviably located moments to Melville Road's CBD trams, Union Square shops, CityLink, parkland trails and university access.