Set on an approx. 412sqm flat, north-facing allotment, this property presents a rare blank canvas opportunity to renovate while retaining its classic features, or explore a range of redevelopment possibilities (STCA). Options include subdividing into two titles, constructing two freestanding homes, building side-by-side townhouses, or creating your own luxury mansion. Perfectly positioned in an ultra-convenient location, with Victoria Gardens Shopping Centre at your doorstep and just a short 5-minute walk to Victoria Street and Bridge Road, offering trams, shops, restaurants and cafés. Zoned for Richmond High School, Melbourne Girls College and Yarra Primary School. Currently tenanted, the home comprises 3 bedrooms, 1 bathroom and a spacious living area, complemented by a large backyard and off-street parking via a side driveway. Take full advantage of everything Richmond has to offer and secure this outstanding opportunity in one of Melbourne's most sought-after suburbs. Flexible settlement terms available. *Private Inspection By Appointment ONLY. Long Settlement Preferred