Occupying a large hilltop block with an unencumbered district outlook towards the CBD, this post-war gem presents an abundance of possibilities for homeowners, investors and developers alike. Rebuild, renovate or rent out, this property has so much potential, offering 708 sqm of land in an elevated pocket of flourishing Alderley, with sweeping city views just waiting to be fully capitalised. This property would be a perfect opportunity for first homeowners, or those on the hunt for a substantial plot of land to build a brand-new house in a wonderful family-friendly location, moments to Kedron Brook Bikeway, local parks and fantastic schools, all just 5 km to the CBD. With a new kitchen & new carpets installed in 2023, the dwelling itself is in good condition and has plenty of retro charm. A modern kitchen has been recently installed, flowing onto a light-filled open-plan living and dining room featuring hardwood timber floors, a big inset brick fireplace and glass doors leading to the front patio with its endless views across the city. This split-level home has multiple multiuse living areas, presenting the potential for a third bedroom if required. A large laundry poses possibilities as an ensuite, while several patios provide loads of recreational space in addition to the big, level backyard. This property offers a plenitude of off-street parking as well as a single carport. Striking the balance between convenience and lifestyle, this property is located only a two-minute drive to Alderley railway station just six stops to the CBD, and a stone's throw to the Kedron Brook Bikeway. With major arterials on its doorstep, and proximate to the fantastic Alderley village and Coles precinct with its array of dining options, this is a connected pocket for families to thrive. Whether building your dream home or forging a successful path into the property market, you're ticking so many boxes with this property; a large parcel of elevated land with beautiful views just 15 minutes to the city in a booming growth area.