Positioned in an ever-evolving street in Mt Pleasant and providing an expansive elevated outlook over Blue Gum Reserve, this is one of those rare opportunities where you can secure now and maximise the potential when the time is right. This immaculate home has been held by the current owner for 30 years, properties with elevation and outlooks such as these are tightly kept and don't come up often. Opposite lush parkland and only meters from the river, this modest yet gorgeous 3 bedroom home ensures the land is fully utilised, either as owner-occupied or as a rental, until the new build commences, if that's what you wish to do. In addition to its enviable lakeside position and river proximity, you'll also benefit from living close to Westfield Booragoon Shopping Centre, Cranford Avenue Shopping Village and various cafes. This sought-after location also includes excellent local schools such as Mount Pleasant Primary and Applecross Senior High School. The lifestyle this location provides is sensational, but the views and outlook are even better - don't miss this chance! The Features: • 731sqm elevated block • Potential for outstanding lake and valley views • R20 zoning - single residential site • North facing rear • 24 meter frontage • Character cottage with jarrah flooring • Living area with reverse cycle air-conditioning • French doors from living to front patio • Kitchen/dining area to veranda with expansive rear garden • 3 bedrooms • 1 bathroom with separate bath & shower • Side access to rear • Bore reticulation • The property is being sold "As Is" PROPERTY PARTICULARS: Land Area | 731m² Frontage | 24 meters Zoning | R20 Primary School | Mt Pleasant Primary High School Zone | Applecross High 2022 - 2023 OUTGOINGS: Council Rates | $1,737 Per Annum Water Rates | $1,250 Per Annum City Of Melville Property Code: 942