This property's high visibility location, proximity to Burwood East sports grounds, and approximately 605 sqm building envelope make it perfectly suited to redevelopment, either as a luxury home or multi-unit townhouse site. Favourable zoning and neighbourhood development precedence will work in your favour, encouraging future purchasers to take advantage of the area's fantastic blue-chip amenity. Alternatively, the property's low maintenance and comfortable design favours restoration and renewal, with features such as original hardwood flooring and rear east-facing perspectives ideal for the lived-in experience. Further features include three large bedrooms with BIR, kitchen, bathroom, laundry, and rear alfresco area. Seen from both an investment perspective or home-ownership point of view, this property represents a significant opportunity for renewal, or redevelopment (STCA). The 732 bus to Box Hill and Upper Ferntree Gully, and the 71-tram to the city and Deakin University, sit just outside the door. Retail opportunities include close proximity to Vermont South SC, Burwood One SC, and Forest Hill Chase.