Occupying a large 971sqm (approx.) block, this perfectly preserved property provides a plethora of possibilities for renovators, developers or dream-home site seekers. In well-kept original condition, the current home has great scope for modernisation or extension, with its deep rectangular allotment possessing immense potential for multi-unit redevelopment (STCA). Generously proportioned, it features a lounge, original kitchen plus a dining area and sunroom that opens out to an elevated entertaining deck with peaceful treetop aspects. Three bedrooms share the use of a central spa bathroom and two-way toilet; the large master boasting dual built-in robes and a vanity area. Containing ducted heating, air conditioning, polished floorboards, block-out blinds and a fresh colour scheme, it offers a neutral canvas for further enhancement. Complemented by a huge backyard, rear granny flat and a long gated driveway with supersized carport. Whether you wish to update the existing residence, lease it out, subdivide, clear the site to build your family's dream home or construct multiple units/townhouses (STCA), it will always benefit from a terrific location. Situated near buses, Warringal Parklands, the Yarra River, central Heidelberg shops and cafes. Within the Banyule Primary School and Viewbank College catchments. An easy CBD commute via the Eastern freeway or Heidelberg Train Station.