This spacious lot is bursting with potential, whilst being situated in peaceful surroundings with stunning views. This 4+ acre (1.66 ha) piece of land located at 99 Phillips Street in the peaceful suburb of Glenroy has the potential to be subdivided, subject to the approval of the relevant authorities. This property is located in the heart of town, so the potential to subdivide is sure to interest savvy investors looking for an exciting opportunity to get their hands on. Already situated on the property is a house that also has huge potential for those who wish to occupy this amazing lot. Whether you renovate the existing shell or decide to build your dream home from scratch (STCA), the possibilities are there. Multiple sheds are also found on the property, perfect for storing tools and equipment. This property is situated at the very end of a no-through road, meaning you can enjoy all the peace and quiet, while still being close to everything you need. Only a short drive away is a selection of nature reserves and parks to enjoy. For those who love golf, the greens of the Albury Commercial Golf Course are just a stone's throw away. Grocery stores and shops are also well within reach, as are a number of restaurants and cafes. Appealing to both astute developers and owners looking to occupy, this property is an opportunity you will not want to miss. Enquire now!