4 Wyalong Street, Albion, Vic 3020

Every so often a block does more of the talking than the house sitting on it, and that is exactly the case here. Set on a generous 697sqm approx allotment with a rare side clearance of over four metres, this circa 1950 cottage puts real choice in the hands of its next owner.

The existing two bedroom, one bathroom home has plenty of wear and will need extensive work, but that is where the opportunity begins. Renovate and extend the original footprint into a comfortable family home, or make the most of that generous side clearance and depth to retain the front dwelling while building behind it, STCA. For buyers chasing a different kind of return, a planning permit is already in place for a nine bedroom rooming house, delivering an approved pathway straight to yield.

Whichever direction appeals, the location does its part. Albion Primary School sits practically on the doorstep, Albion Station is an easy walk away and is set for a major upgrade as part of the Melbourne Airport Rail project, and Perth Avenue's shops and cafes keep everyday life close at hand. Sunshine Marketplace and the Sunshine Town Centre are both a short drive away, with Melbourne's CBD around 13km from your door.

This is a property built for buyers who see the bigger picture: three genuine paths forward on one exceptionally well positioned block.