Lucky for some on a corner block of 611sqm approx. in the Residential Growth Zone 1 (RGZ1), this neatly maintained 3 bedroom + studio family home is perfect to live in or let out now, with a multitude of options for the future. With two street frontages and two crossovers to parking, this sought-after property is the ideal candidate for a medical consulting suite, dental clinic, and a wide array of development opportunities including townhouses, apartments or student accommodation (STCA), your imagination will literally go wild with the possibilities. The home itself is full of light and entertaining spaces, featuring a generous living area, 3 big bedrooms (2 with robes), a modern classic kitchen (Westinghouse appliances) overlooking the north facing dining area, a smart look bathroom, family size laundry with utility room and separate toilet. An elevated deck steps down to a massive entertaining deck that's fit for every occasion featuring a gazebo, plus there's a converted studio/home office. Comfortable inside, you can enjoy ducted heating, reverse cycle air conditioning, security doors, vertical blinds, external shutters, a carport and additional secure parking accessed via Llanos Avenue while you decide on its fate. A thriving locale, metres to Holmesglen Institute, Holmesglen station and the M1 Freeway, for some quiet time, enjoy walks along Gardiner's Creek, or love the fun, food and fashion at Chadstone Shopping Centre. Note: Zoned for Ashwood High School and Malvern Valley Primary School.