Positioned on an approximate 338sqm block with a highly desirable sun-drenched north-facing orientation, this original weatherboard home presents an exceptional opportunity for those looking to redevelop or wishing to build a brand new contemporary townhouse (STCA). An exciting array of choices awaits, with the chance to design a residence from the beginning, creating the ideal home for any situation. Boasting a superb central location with buses on its doorstep, and within easy walking distance of vibrant local Glenroy shopping, cafes, supermarket, and Glenroy Fresh Market, the home is also just a short stroll from Glenroy Station, offering easy access to Melbourne CBD. Zoned for Glenroy West Primary School and Glenroy Secondary College, and close to a range of quality independent and Catholic school choices, the location also enjoys abundant nearby parkland, including Gowanbrae Riverwalk and Kingsford Smith Ulm Reserve. Major shopping is also close by, including Westfield Airport West and DFO Essendon, while the block is also moments from both Essendon Fields Airport and Melbourne Airport. The Facts Attributes: 2 beds, 1 Bath, and 2 Car Spaces Size: 338 sqm (APPROX) Longview Guaranteed Rent: $370 per week Investment Performance: 7.92% p.a Rental Yield: 3.85% p.a Council: Moreland Council Council Rates: $1,592.25 per year (APPROX) Water Rates: $1,289.04 per year (APPROX) Nearest Train station: Glenroy Train Station Local Amenities: - Jacana Shopping Center - Glenroy Fresh Market - Moonee Ponds Creek Trail - Bridget Shortell Reserve Nearest Primary School: Glenroy West Primary School Nearest Secondary School: Glenroy Secondary College Planning Zone: NRZ/NRZ1 Overlay: DCPO/DCPO1 Don't miss out on this fabulous property, contact Liliana Panaccio at 0413 808 673 to register your interest! Disclaimer: "Investment Performance" is the total of the Compounded Annual Growth Rate (CAGR) that this property has performed since the vendor purchased it and the gross rental yield it is currently returning or is quoted as potentially returning"