Situated on approximately 1960m of level land on two titles; this is surely a fantastic investment opportunity for the astute buyer who recognizes the potential of prime land in Bayswater. Within easy walking distance of Bayswater Central and all desirable amenities; the existing home has two bedrooms, open-plan living/dining, bathroom plus 2nd shower off the laundry and all presented in very neat condition. You decide if you keep the original home or rent it out and build your dream home on the vacant block or develop the land (STCA) starting afresh with a blank canvas. This is a rare opportunity to capitalize on one of the fastest moving suburbs in Melbourne.