Inspiring a world of possibilities with its substantial 758sqm (approx.) corner block inside the coveted Balwyn High School catchment area, dare to dream of what could be created right here with this potential-packed two-bedroom home. Boasting a 14.9m (approx.) frontage facing Tannock Street and wide 38.3m (approx.) frontage facing Oravel Street, this appealing block is primed to fulfil its destiny as a first-class development, whether that takes the form of luxury townhouses or a prestigious lifestyle property (STCA). However, thanks to the excellent presentation and immediately liveability of this light and bright single-level home, there are other options you could explore before deciding to build… With a proven track record as a solid earner, you could line your pockets with income while awaiting plans and permits approval or watching your equity grow. And thanks to the stylish nature of the updated kitchen and bathroom, sparkling appearance of the timber-floored living area and bedrooms, and generous proportions of the grassed backyard (with large greenhouse), you could also move straight in for the short-term as you plan for the future. Climate-controlled with ducted heating and evaporative cooling, this value-packed home also features a full-size laundry, high ceilings, plenty of natural light, single lock-up garage and an additional off-street parking space. Enhancing the appeal is the prized location, which is within easy walking distance of the popular Greythorn shopping strip, bus services, the Koonung Creek Trail and Boroondara Park Primary School and minutes from elite private schools, Westfield Doncaster, the Park + Ride, the Eastern Freeway/EastLink and Doncaster Road trams.