Are you on the hunt for a property in a prime location to develop, renovate or a home to add to your rental portfolio? Set on approx. 872m² allotment just a short walk to the Bendigo Hospital, Lake Weeroona and the popular Fox and Giraffe Café this could just be the property you're looking for. Conveniently located close to Bendigo's busy medical precinct, the property would make for an ideal block to level and build a couple of townhouses (STCA). The address currently features a 3-bedroom weatherboard home with lounge, kitchen/meals area, bathroom which incorporates shower recess, vanity, toilet plus a laundry and second separate toilet as well. It provides an opportunity to secure income and if planning to knock over and redevelop, it offers time to get designs, permits and plans in order. Outside there is a good-sized backyard, with some small established trees to provide a nice shady spot to relax along with a separate bungalow. Alongside the home, there is a long, concreted driveway with room to park several cars. Perfectly positioned being close to Bendigo's CBD, shops, cafes, schools and more – making this property a promising opportunity for the astute buyer.