Primed for redevelopment, this modest home, occupying a wide 788m² block, offers immeasurable potential for buyers and investors seeking to capitalise on land and location value. An ideal parcel with overlays for 2-3 storey residences, allows for significant design options when exploring a knock down, dream home rebuild or a luxurious, multi-site residential development (STCA). Currently presented as a 2 bedroom, 1 bathroom home featuring a formal lounge, a versatile sunroom/study, a well-equipped kitchen, separate laundry and water closet. Boasting a north facing backyard, a large workshop and carport. Surrounded by evergreen parklands of Cyril Cummins Reserve, Ford Park and the Merri Creek Trail, within walking distance to a bus network, ALDI and Bell St Mall. Enjoying proximity to St Bernadette's Catholic School, Ivanhoe Primary, Thornbury High School, Ivanhoe Girls' Grammar, Northland Shopping Centre, Heidelberg Station and the Austin Hospital. An investment here would deliver lifestyle rewards and enviable real estate