A fantastic opportunity to acquire an exceptionally prime piece of real estate with development potential, value adding scope and strong capital growth in a highly desirable position, this much loved family residence is truly an impressive property that presents once in a lifetime possibilities for all types of buyers! The family residence for many decades it would continue to serve as an ideal home for families that can appreciate a convenient lifestyle being centrally located in arguable the best street in Canley Heights it provides immediate access and within walking distance to all essential amenities including primary and secondary schools, public transport and a wide selection of speciality stores, restaurants, and cafes, as well as the vibrant Canley Heights Nightlife on offer! Tightly held and boasting an ideal rectangular block of approximately 739sqm it presents a highly sought-after investment and development prospect with building flexibility for a new modern designer home, granny flat potential or even townhouse development (S.T.C.A.). With boundless potential for today and strong growth for tomorrow, this extremely rare offering in a blue-ribbon location will surely be an impressive purchase in any property market! Key Features: * Land size of approximately 739 sqm * Dimensions: 15.24m x 48.77m * Zone R3 Medium Density Residential * Potential townhouse development (S.T.C.A.) * Potential granny flat development (S.C.T.A.) * Perfect rectangular and level block Property Features: * Well-appointed single level full brick family residence * Three (3) well-proportioned bedrooms * Bright and airy interiors presenting separate living and dining areas * Light filled study nook or work from home office * Charming foyer/sitting room with cosy fireplace * Well appointed timber kitchen and updated main bathroom * Large internal laundry with additional toilet * Single lock up garage with additional external storage and garden shed