Brilliantly placed opposite Burwood One Shopping Centre which offers an array of exceptional retail options including a 24-hour Kmart, this wonderful 5 bedroom + study, 2 bathroom residence over two levels promises fantastic living highlights and unlimited potential! Sitting on a 583sqm (approx.) block which enjoys a north-facing rear, this property is amazing to live in as is while also being open to redevelopment, whether you want to build a brand new family dwelling or two sleek townhouses on the site (all STCA). There is also potential for renovation with an existing floorplan that is smart and versatile. Make the most of downstairs timber floors, formal lounge with gas log fireplace which accesses a hidden study, open family and meals, kitchen with contemporary Westinghouse/Technika appliances and dedicated breakfast bar, 2 downstairs bedrooms, 3 upstairs bedrooms including a master bedroom with WIR and semi-ensuite, downstairs bathroom, ducted heating, split system cooling, alarm, great rear entertaining including a northern covered alfresco dining area and garden, shed, double garage, and further off-street parking options. The home is accessed via service road, and you're just moments to the renowned Deakin University, Presbyterian Ladies College, Forest Hill College, Burwood East Primary School, Eley Park, East Burwood Reserve, Orchard Grove Reserve, Burwood Highway trams to the CBD, and local buses all over Melbourne.