Quietly nestled back in one of the most picturesque no-through roads this area can offer, this sprawling suburban block is an incredible lifestyle opportunity waiting to be executed. Currently occupied by an original 3 bedroom homestead that undoubtedly was a quality offering in its day, the focus here should be on the chance to build your dream home or complete a modern multi-dwelling development (STCA) in a prime Lilydale location. Surrounded by quality dwellings and picturesque scenery, the current residence has a bright formal lounge with gas heating and air-conditioner, spacious bedrooms, a central bathroom with separate shower and bath, kitchen with upright gas cooking and meals space, a sunroom, huge backyard and an oversized garage/workshop. Although renovation may be something to consider (STCA), it's easy to picture yourself in your brand new home or enjoying the satisfaction of completing the construction of multiple brand new dwellings (STCA) in a prominent eastern suburban position. Located for lifestyle within walking distance to a number of local parks, with easy access to Main Street Lilydale shops, cafes, restaurants and train station, close to Lilydale Heights College and Victoria Road Primary School, plus enjoying great connection to the Maroondah Highway, Eastlink and the spectacular Yarra Valley - this is an opportunity of current and future potential.