A classic jewel awaiting a new beginning, this tightly held home is ready to entice builders and developers with exciting possibilities to build a brand new home or subdivide and create your next townhouse project (STCA). Occupying a rectangular 694sqm approx. allotment, the home's current day spaces could be leased out whilst you pursue plans and permits through council with the layout including two bedrooms, accompanied by a bathroom and separate toilet. In the lounge room you'll find high ceilings, a gas heater and air conditioning unit, while the kitchen and meals zone looks out into the deep backyard with plenty of open lawn space. Adding to the allure is its incredible location, opposite Batesford Reserve and community centre and only steps from local shops, near Malvern Valley Primary, Ashwood High School, Holmesglen Institute, Chadstone Shopping Centre, Holmesglen Station and Monash Freeway.