An outstanding opportunity awaits in this coveted location with plenty of examples of surrounding successful redevelopment projects should this be your avenue of interest to capitalise on this superb allotment of approximately 664 sqm, with General Residential Zoning (GRZ4). Currently occupying a very neat and tidy three bedroom brick veneer home with spacious living, a separate kitchen, laundry, single lock-up garage (plus parking spaces for up to 5 cars) and a large rear yard, you have the options to live in as is, improve with a clever renovation or extension (STCA), build a grand new home (STCA) or subdivide to realise its full potential (STCA). Other options are to hold as an investment and capitalise on the growth of this area (as history has shown). An added benefit to this prized position is the convenience it offers with buses at your front door (302 bus to Box HIll / City OR 304 to Westfield Doncaster Shopping Centre / City, both via Eastern Fwy), excellent access to Eastlink via Elgar Road, Elgar Reserve only a short walk away, plus Balwyn East Village (with Coles Supermarket) and zoning for Koonung College nearby off Box Hill Crescent. With fewer opportunities becoming available in this tightly held suburb of Mont Albert North, it is essential you secure your interest and inspect at one of the advertised open home times!