This super-sized brick residence is currently configured for dual occupancy and holds vast untapped potential for buyers looking for a great value-add project in a sought-after Five Dock location. Set on an extra-wide 868sqm level block, the freestanding property comes complete with CDC approved designs for a luxury duplex development that will feature two brand-new homes, complete with swimming pools, garages and studios at the rear. The solid and comfortable home is ready to be lived-in or leased out straight away and offers a superb chance to buy into this popular suburb with all lifestyle amenities close at hand. - Footsteps to Five Dock Park, the bowlo and local Italian restaurants - A dual access 868sqm landholding with a wide 19.6m street frontage - CDC provides for subdivision and construction of two brand-new homes - Both two-storey homes will feature garages and studios access at the rear - Plans also provide for swimming pools and alfresco entertainment spaces - Current floorplan features two self-contained dwellings in great condition - Five bedrooms in total, two bathrooms and two well-appointed kitchens - A spacious back garden with level lawn and covered entertainer's space - Double garage, shed plus a downstairs storeroom and storage area - Ready to live-in or rent out straight away while planning the future - CDC plans are fully approved and ready to start construction - Easy access to Five Dock's shops, schools and the upcoming Metro - Approx. outgoings per qtr: Council: $655 & Water: $171