Whether you want to subdivide and develop the 964m2 (approx) block (STCA), or you are hunting down one of the last large central blocks, this is definitely worth a look. The brick home is currently a 3 bedroom, 1 bathroom, with PFB’s throughout, gas heating and an updated kitchen and bathroom with shower, bath, vanity, separate toilet and tastic. The home has been re-wired and has new light fittings and points. Outside the block has a tandem garage, garden shed and the backyard goes on for days! You can give the home a complete overhaul, an extension or simply keep it and enjoy having the extra space. Room for your dream family home, a pool, a 6 car garage if you want! Or put forward plans for a 3 townhouse development. In the meantime, the home is leased to excellent tenants, keen to stay and currently paying $270p/w. As an investment, you cannot go wrong. Currently returning 5% yield per annum, the value of the land close to schools, public transport, Lara Lake and amenities, will not disappoint in years to come.