Fantastically positioned in a sought-after pocket of Lilydale with a high walkability-factor to nearby desirable amenities, this classic brick abode set upon a generous, allotment of 923sqm (approx.). Inspection will quickly reveal the lucrative options of renovation or exploration of a multi-residence development opportunity (STCA). An expansive allotment of land that presents a chance for investors and developers alike, the original brick home is substantial and has potential to be utilised for collecting rent whilst organising the building process. Consisting of three bedrooms, one bathroom, gas heating and split system. In family friendly surrounds, backing on to the leafy Warburton Trail, a leisurely stroll to Lilydale shops, quality schools, transport and only 19km to Eastlink. This block is perfectly positioned in a street that is seeing increasing quality development with younger families and downsizers wanting to position themselves in this ultra-convenient location, leaving this as an investment with great future potential.