Situated in a highly sought-after Bundoora pocket just moments away from Bundoora Square and Plenty Rd trams this property is an investor's dream that can promise both excellent rental returns and exciting development opportunities. Set on a rectangular 693sqm block, the property has huge potential for subdivision and could create fantastic returns on up to three townhouses (S.T.C.A). If development is not for you, the existing property promises excellent rental returns with the capacity to house two families. This incredible $3100 current rental return per calendar month can be achieved without even lifting a finger. Located near St Damien's Primary School, Norris Bank Primary school and Northern Christian Primary and High School, public transport on its doorstep, Bundoora and Norris Bank park lands and Bundoora Square's shops and amenities less than a stone's throw away, you will not run short of tenants to fill this lease. The unique floorplan boasts practicality and convenience with fully equipped kitchens and laundries on both the ground and first floors, easily capable of housing two independent families. The first floor exhibits spacious, open plan living with an open kitchen and dining area and generous living room. Further, 4 large bedrooms with built-in-robes and a home office space ties the floor together as a fully equipped home. The ground floor boasts an additional two bedrooms with built-in-robes and study alongside another generous living area. The ground floor enjoys additional amenities with an undercover entertainment area, as well as access to the double garage. If you're looking to invest or develop don't miss out on this amazing opportunity and call to book an inspection today! Dot points: - 6 bedrooms with BIR - 2 fully equipped kitchens - Phenomenal rental returns - Potential for subdivision up to 3 townhouses (STCA) - Generous living, kitchen and dining spaces - Spacious double garage and outdoor entertainment - Stone's throw from schools, park lands, Bundoora Square shops, Plenty Rd trams