With a residential one zoning this prime slice of real estate being a total land area of 1161m2 (approx.) offers a terrific opportunity for the astute investor/developer. With the existing fire damaged residence to be removed by the Vendor, it paves the way for a possible four unit development site (STCA) positioned only a short stroll to Main Street Lilydale and all the amenities and public transport. Two street frontages are extra feature to this site which has a slightly elevated position capturing distant views. A GREAT OPPORTUNITY.