Boasting a first-class location central to the area's popular lifestyle assets, this potential-rich property yearns for an astute developer to take advantage of its fantastic offering. That offering presents itself in the form of development, given the current owner has undergone the time-consuming process of acquiring plans and permits for the construction of two 33sq executive residences (STCA) on the generous 777 sqm (approx.) allotment. Once the keys to this exciting property are in your hand, you can then decide to develop now or hold off and do so in the future (STCA). The property currently accommodates an extremely well-presented residence, which could be leased out until you're ready to develop or lived in yourself given its contemporary nature and intelligently zoned layout. All four bedrooms (Master with ensuite) benefit from their private placement on a dedicated accommodation wing, while vast open space defines the contemporary lounge and separate open-plan kitchen area equipped with stainless steel appliances. Kids will love the freedom of playing their games undisturbed in the basement rumpus, while a security alarm, fresh family bathroom, evaporative cooling, ducted heating, easy-care backyard and remote garage with internal access adds further appeal. Capping off this perfect find is its sought-after location, which enjoys excellent access to Templestowe Village, Macedon Square shops, Westfield Shoppingtown, Ruffey Lake Park, Aquarena Leisure Centre, well-regarded schools and the Eastern Freeway. Photo ID Required