Position-perfect in the heart of Reservoir, this potential-packed three-bedroom home offers unbeatable value in a five-star location. Boasting incredible land dimensions of 652sqm (approx.), follow the lead of many in the area and extract maximum value from the block by developing, whether that be a collection of executive townhouses or a brand new family home (STCA). Enjoying neat and tidy original presentation and featuring large windows that maximise natural light, elegant formal living and dining rooms, bright timber kitchen with plentiful storage, three spacious bedrooms serviced by a spacious kitchen, ducted heating, air-conditioning, excellent storage and a generous backyard with a single lock-up garage, undercover entertaining area and huge grassed area that's perfect for the kids, move straight in and enjoy or lease it out, particularly while plans and permits are being approved! Now package that with a prized location where buzzing Broadway, Edwardes Street shops and cafes, Reservoir train station, bus services, schools and Reservoir Leisure Centre are footsteps away and Edwardes Lake Park, Summerhill and Northland shopping centres, La Trobe University, Plenty Road trams and Preston Market are within very close proximity and you can understand why this home is packed with value!