Backing onto picturesque parklands and occupying a prominent 703 sqm (approx.) block of well located, North facing (to the rear) land, this superb suburban opportunity is one with both current and future prosperity. With two traditional dwellings currently returning a solid rental income ($1,373 PCM and $537 PCM respectively), no doubt the focus here will be on securing a steady income stream while you get your plans and permits ready to build the home you've always dreamed of or to execute on a modern multi-dwelling development (STCA) in a true lifestyle location. • A traditional opportunity on a large, prominently positioned North facing block • Opportunity to build your dream home or develop into a modern multi-dwelling site (STCA) • Earn multiple rental incomes while you get your plans and permits ready (STCA) • Two month to month rentals returning a solid income ($1,373 PCM and $537 PCM respectively) • Plan for your future with a prosperous property in a lifestyle location Perfectly located within walking distance to Box Hill High School, Our Lady of Sion College, Box Hill Station and the cultural hot pot that is Box Hill Central, close to Box Hill Hospital, Whitehorse Rd trams and a number of local parks and walking trails, as well as enjoying easy access to the Ma-roondah Highway, Middleborough Rd, Canterbury Rd and Eastlink.