Packaging a five-star location with a premier development opportunity on a large 575sqm (approx.) corner block (STCA), developers with grand designs will be falling over themselves to secure this absolute gem of a property. Backing onto CH Sullivan Memorial Park and the Darebin Creek Trail that meanders through it in a coveted high-growth zone (RGZ3) within short walking distance of Preston North East Primary School, Northland Shopping Centre, Summerhill Shopping Centre, bus services and Plenty Road trams and moments from La Trobe University and Preston Market, the fortunate buyer of this life-changing property has an outstanding opportunity to build multiple units with their own street frontages (STCA). An opportunity also exists to retain the existing four-bedroom home (including bungalow), modernise its single-level interior to suit your own tastes and style and develop the rear (STCA). And thanks to its neat and tidy presentation, you could also lease it out while awaiting plans and permits approval. So many options!