Situated on prestigious Hotham Hill, this comfortably presented and unique home has an enormous land allotment of 1,025 sqm (approx.). Offering an amazing opportunity for families, home buyers and developers alike (STCA) searching for a property with enormous potential to create their dream inner city home or to subdivide into a boutique development (STCA). This large home, located in one of North Melbournes premier tree lined streets, comprises three bedrooms, a massive lounge/living area, and separate family-sized kitchen. Featuring decorative cornices, classic curved windows, French doors, and a side driveway leading to a brick garage complete with a wood-fired pizza oven. The oversized yard at the rear presents a rare opportunity for purchasers to extend the home significantly while maintaining a large garden or constructing a swimming pool or basketball half court. Only minutes to the CBD from the tram stop in Flemington Road and within walking distance to Melbournes major medical and tertiary precincts. A quick stroll to the vast Royal Parklands comprising five acres of parks and recreational facilities. Developers will be encouraged by the side driveway with access to this deep block of 50.41 metres (approx.). The General Residential Zone (GRZ1) will allow a prestigious development in one of the most sought after locations in North Melbourne. Fast becoming one of the most sought after city fringe suburbs, boasting close proximity to the famous Queen Victoria Market, Errol Street with its vibrant shops and cafes, and within the prized catchment area of University High School. Inspect by Appointment.