27 Tivey Street, Reservoir VIC 3073

You know potential when you see it, so when you set your eyes on this potential-rich three-bedroom home in a sought-after pocket of Reservoir, your mind will be racing with the number of possibilities that stand before you.

Set on a generous 536sqm (approx.) allotment, put your thinking caps on, then, and dare to dream what you can create. Take advantage of the corner block configuration and outstanding location that's within moments of excellent schools, Reservoir train station, bus services, Edwardes Lake and local shops by building a trendy residential development, or perhaps that dream home in a dream location is more to your liking (STCA)!

If development is your mode of thinking, the existing single-level home that currently accommodates the prized allotment offers the future buyer an opportunity to lease out the property whilst plans and permits are being approved. However, there's also the option of updating the original yet pristine interior and using the existing framework to create something truly special, now or in the future.

For the homebuyer keen to call this place their own from the very outset, the charming interior enjoys abundant natural light and bedrooms of spacious proportions serviced by an original bathroom. The elegant formal lounge and dining room on entry captures the northeastern sunshine and steps out onto the front porch, while a separate kitchen with a direct outlook across the backyard will become a show-stopper in its own right with some new stainless steel appliances, stone benches and trendy cabinets.

Complete with secure off-street parking and split-system heating/cooling, it's an opportunity too good to ignore!