23 Leura Street, Doncaster East, Vic 3109

Whether your motive is to move in and modernize, or develop 3 townhouses (STCA), there's no shortage of options available to the astute buyer of this potential-rich one owner home.

Boasting a coveted DDO8 zoning in a red-hot Doncaster East location that's within walking distance of Devon Plaza, Jackson Court, trendy Donburn shops, bus services and schools, the chance to develop the sizeable - and flat! - 785sqm (approx.) allotment will attract wide interest from enthusiastic developers.

While development appears an obvious destiny for this fantastic piece of real estate, it's by no means the only option available as the potential of this home is, quite simply, so widespread.

Take, for example, the opportunity to convert the original interior into a modern gem for the young, growing family desiring a spacious home to call their own within a short stroll of East Doncaster Secondary College and Donburn Primary School. Tear up the carpets and polish the timber floorboards that currently lay hidden underneath, reinvigorate the walls with a fresh colour scheme and introduce some stone benchtops and quality appliances into the large, open kitchen and you'll have a virtually brand new family home in one of Manningham's best pockets.

A large collection of bedrooms are zoned for your comfort and are of generous proportions, while an L-shaped formal lounge and dining arrangement offers plenty of space to sit back and relax after enjoying meals with the family.

A fully self-contained, one-bedroom bungalow lends itself well to extended family living, while there's also an opportunity to lease it out whilst plans and permits are being approved.

It's fair to say opportunities such as this don't pop up every day.