Appreciate the lovely period character of this charming residence or take advantage of the outstanding location with a corner allotment of 441 m2 approximately, to explore the exciting renovation/extend or possible development options (subject to council approval). Within walking distance of Macleod College and Macleod shopping centre this opportunity offers amazing scope for first home buyers, renovators or investors seeking the perfect site to develop or for owner occupiers to update the existing abode or build their ultimate contemporary residence (all subject to council approval). The rare proposition will provide an outstanding lifestyle to prospective residents including families, couples, professionals and astute investors. The current light-bathed home introduces timber lined living and dining zone warmed by a gas fireplace, well-fitted kitchen area, two large bedrooms and pleasant bathroom, plus a great outdoor courtyard that is perfect for entertaining. Features include separate toilet and laundry, gas heating, ceiling fans, and air conditioner. This sought-after pocket is a short stroll to charming shops, cafes and services, public transport including train station, Macleod College and Pre School and in fabulous proximity to Charles La Trobe P-12 College, La Trobe University, while a short drive to Northland or Greensborough Plaza.