Unique landholding with enormous potential. Quietly set back from the road on a level 1075qm block, this full brick residence abounds with development potential. Currently configured as three private one-bedroom dwellings each with their own kitchenettes and living spaces, the property offers enormous potential to either reconfigure to a large family home, renovate and capitalise on a strong rental yield or simply knock-down and re-build on this unique landholding. Zoned for R3 medium-density to allow for a townhouse or villa-style development (STCA), there's also the possibility to secure the adjacent property (289 Peats Ferry Road) and take full advantage of this exceptional parcel. Positioned walking distance to both Asquith and Hornsby stations, from here you're within the coveted Hornsby North Public School catchment and only moments from the area's thriving retail and dining precinct. - Add your own touches and renovate, knockdown or re-develop - Prime north-to-rear level block zoned R3 for medium-density development - Solid full brick residence currently configured as three private apartments - Each apartment has its own living area, gas kitchen, bedroom and bathroom - Timber floors, original fireplace in apartment 1, study alcove in apartment 2 - Easy-care level gardens, carport and level xx metre wide street frontage - Exceptional potential to renovate and reap the strong rental returns - Easy 750m to Asquith station and footsteps to Asquith Boys High School - Walking distance to Hornsby station and Hornsby North Public School Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.