Just around the corner from Deakin University, this highly lucrative investment or redevelopment opportunity, it comes with a valuable permit to run a seven-bedroom rooming house. The land size of 970 sq m approx. is ripe for a multi-level redevelopment (STCA). In the centre of the house is the kitchen and meals area, perfectly designed for this style of accommodation. Comfortably serviced by two bathrooms and ducted heating, appreciate the convenience of a large covered alfresco, polished floorboards, a double garage and studio/workshop. Spectacularly located just metres from the Burwood Highway tram which travels to Burwood Brickworks Shopping Centre, cinema, Burwood One, village cafes and the city. * Single level clinker brick home on 970 sq m approx. * Comes with a current permit for a seven-bedroom rooming house * Potential for a multi-level development (STCA) * Metres from Deakin University and the Burwood Highway tram * Easy access to Burwood Brickworks, Burwood One, cafes and the city * Massive central kitchen and two bathrooms * Covered alfresco, double garage and studio/workshop Terms: 10% deposit, balance 30/60 days