An exciting opportunity for investors, builders, developers and first home buyers exists within this almost completely flat block, measuring 1039m2 approx. The original weather board home on the block is of substantial size and may be restored to its former glory whilst collecting rent as plans and permits are being approved or removed to make way for four town houses (STCA). This is a street that is seeing increasing quality development with younger families and downsizers wanting to position themselves in this popular location leaving this an investment with great future potential. From this outstanding location you will enjoy the close proximity of the Lilydale main street shops, walking distance to the train station and buses and short distances to quality primary and high schools.