Here is a rare opportunity for the astute investors or developers to secure a blue chip property that offers exciting potential to sub-divide in a highly sought after location, approximately 1km from the Bendigo Marketplace. The charming, three bedroom California Bungalow residence occupies only a small portion of the large allotment of approximately 860m2 which has extensive frontage to Mundy Street. With no heritage restrictions, the property would be ideal for townhouse development (subject to council approval). The comfortable residence includes gas heating, air-conditioning and classic period features throughout the home. Outdoors there is a secure rear yard and single garage. Vacant possession is available for those looking to occupy the home.