Nestled in the heart of Wantirna, this single-level home, occupying a generous 723 square metres, presents a blank canvas for the discerning buyer's touch. Whether your vision encompasses a brand-new family residence infused with modern luxuries or leans towards a sophisticated multi-unit development (STCA), the potential here is truly unparalleled. Currently, the property generates a stable weekly income of $490 from its month-to-month tenancy, positioning it as a solid investment even before its transformation. Within its walls, a five-bedroom, two-bathroom layout unfolds, comprising a spacious living room seamlessly connected to a dining area, complemented by a sunroom and a casual meals nook adjoining the kitchen. While the current structure offers scope for renovation, it's the untapped possibilities for the block of land that truly inspires. Imagine creating an architectural masterpiece that could change the very fabric of the streetscape. If you're a visionary with grand ambitions, this property is tailor-made for you. - Single-level classic on approx. 723 square metres - A blank canvas awaiting a discerning buyer's touch - Stable weekly income of $490 from a month-to-month tenancy - Five bedrooms, two bathrooms (including main ensuite) - Living, dining, sunroom, kitchen/meals - Renovate or develop into one or more luxury homes (STCA) - Family friendly pocket surrounding by all essential amenities Elevating this proposition is its prime location, offering close proximity to Regency Park Primary School, Heathmont College, St Luke's Primary, The Knox School and Swinburne University. Also within easy reach are Heathmont Station, bus stops, Wantirna Mall, Westfield Knox, Knox-O-Zone. Ringwood Public Golf Course, the tranquil Schultz Reserve, Koomba Park, walking trails and Eastlink. _____________________________________________________________________________ Live Streaming via GAVL McGrath clients have the opportunity to watch, bid and buy on live property auctions. Register through www.gavl.com and follow the property link: https://www.gavl.com/play/IQq1hhcrNs/51-kingloch-parade-wantirna-victoria-3152 To be able to bid online, you must download the free GAVL App.