Opportunity awaits, sitting on approximately 253m2 offering exceptional access with both side and rear ROWs. Steps away is the citybound Route 86 tram, trains and buses nearby, buzzing Preston Market, popular Northland shops, eateries and Cinema and Latrobe University within easy reach. The residential Growth/RGZ1 zoning suggests an attractive and exciting development potential. Alternatively, you may wish to transform the existing base to perfectly fit your vision (both STCA). This desirable base has an enticing investment with a 3x3 year plus lease in place, shopfront or showroom, five office or bedroom spaces, open kitchen/meals, external bathroom and powder room and courtyard/off street parking.