This property is a fantastic opportunity for those with a vision. Whether you're a renovator looking to breathe new life into the existing house or a developer chasing a prime 968 sqm subdividable block (STCA) in the heart of Palmyra. Option #1. Renovate the existing house and subdivide to create front and rear properties Option #2. Renovate the existing house and keep the full block Option #3. Demolish and create two new blocks Option #4. Demolish and build your dream home on the full block *** Please note all options are subject to council approvals *** There are so many opportunities for an astute buyer to capitalize on. Features: • Original timber floor boards • High Ceilings • Spacious rooms • Good floor plan / layout • Mature tree's & gardens • Amazing location • North facing backyard • Minutes to schools, parks & public transport • Hugh 968 sqm subdivisable block (STCA) Don't miss out on this chance to create your dream home or invest in a promising development project (STCA). Contact listing agent Paul Parkinson on 0400 002 974 to explore the potential of this property and discuss further details. Rates & Local Information: Water Rates: $984.15 (2022/23) City of Melville Council Rates: $1604.54 (2022/23) Zone: R20 Primary School Catchments: Palmyra Primary School Senior School Catchments: Melville Senior High School PLEASE NOTE while every effort has been made to ensure the given information, photos and floor plan are correct at the time of listing, this information is provided for reference only and is subject to change.