Merely metres from Box Hill's central business, retail and acclaimed dining precinct, this high-set Californian Bungalow showcases a range of profitable opportunities for smart developers and investors.

On a large 743sqm approx. block in the Residential Growth Zone Schedule 1 (RGZ1) planning scheme, reimagine this site by constructing townhouses or a multi-level apartment block (STCA).

Alternatively, renovators will be excited by the potential offered by this pretty home. Featuring three bedrooms plus a study/fourth bedroom, there is already plenty of space for a family to enjoy with a lounge room, dining, kitchen with stainless steel appliances, family/meals, a rumpus room, under-cover alfresco and north-facing backyard.

An easy walk to the hospital precinct, TAFE, city-bound train, tram to elite private schools and buses to Deakin and Monash Universities, this abode is ideal to lease out while preparing for the future. Zoned for Box Hill High School and close to