You know potential when you see it, so when you set your eyes on this excellent elevated allotment in a first-class Burwood East neighbourhood, your mind will be racing with the number of possibilities that stand before you. With a coveted location that's second to none given its walking distance proximity to Burwood One Shopping Centre, Burwood Heights Shopping Centre, Benwerrin Reserve and the 75 tram and seamless access to Deakin University, Forest Hill Chase, well-regarded schools and the Eastern Freeway, the buyer with vision will be eager to capitalise on the generous 712sqm (approx.) allotment and develop (STCA). Light and bright, neat and tidy and spacious, the existing three-bedroom home also offers a smart option for the astute investor to secure a property in a solid blue-chip location, as well as presenting an exciting opportunity for the young family to move in and modernise. Loads of light illuminates the L-shaped lounge on entry, featuring an open fireplace, wonderful high ceilings and polished timber floorboards underfoot. Make your presence felt in the sizeable kitchen (with walk-in pantry), which is perfectly serviceable from an investor's standpoint yet can become the centrepiece it deserves to be with the addition of modern appointments. Bedrooms (all with built-in robes) are zoned off the main living areas and serviced by a separate shower room, bathroom and toilet. And if you're keen to renovate, why not take the opportunity to blend all three together to create one spacious - and luxurious - family bathroom. Size and space extends to the large undercover entertaining area, which is protected from the elements to offer year-round entertaining. Kids, meanwhile, will love exploring the grassed backyard that's big enough to kick the soccer ball around. What a find!