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 popular location, approximately 1km from the Bendigo Marketplace. The 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 and the interior has recently been re-painted. Outdoors there is a secure rear yard and single garage.This conveniently located home with abundant space for car parking may also appeal to those looking to utilise the property as consulting rooms – subject to approval by council.