You could look at this interesting property in a few ways. First, renovate the home and (STCA) build a unit on the rear. This would represent a good return. Second, as a first home buyer you could renovate, live and prosper in a home close to all services, schools etc or build new units, or third and rather drastic, clear the block and (STCA) build two new units. Which ever way you look at this it represents a good opportunity to do one or more of the options outlined. So have a look and a think, but remember fortune favours the brave, so be quick! House Size: 79m2