A rare opportunity to secure an exceptionally prime piece of real estate exuding development potential, value adding scope and strong capital growth in a highly desirable and tightly held position, this much-loved family residence is truly an impressive property that presents once in a lifetime possibility for all! Privately built and offered for the first time in over many decades it would continue to serve as an ideal family home, with a strong focus on convenient living and centrally located in arguably the best street in Canley Heights, it provides immediate access and within walking distance to all essential services including primary and secondary schools, public transport and a wide selection of specialty stores, restaurants and cafes, as well as the vibrant and popular Canley Heights Shopping District. Boasting an ideal rectangular block of approximately 771.5sqm it presents a secure investment and development prospect with building flexibility for a new modern designer residence, granny flat potential or even multiple dwelling development (S.T.C.A.). Featuring endless potential for today and strong capital growth for tomorrow, this extremely rare offering in a sought-after locale will surely be an impressive purchaser in any property market! Site Features: - Land size of approximately 771.5sqm - Dimensions: 15.24m x 50.8m - Zone R3 Medium Density Residential - Potential townhouse development (S.T.C.A.) - Potential granny flat development (S.C.T.A.) - Perfect rectangular and level block Property Features: - Well-appointed single level brick veneer residence - Flexible layout offering 2 or 3 bedroom accommodation. - Well proportioned interiors offering separate living and dining areas. - Well presented original kitchen and updated bathroom. - Internal laundry with additional toilet. - Beautiful sunroom with leafy outlook to yard. - Double lock up garage with additional 2 vehicle carport. - Front and rear covered pergola with accessibility ramp.