Situated in a constantly evolving neighbourhood and providing easy access to great options for shops, schools and recreation, this updated three-bedroom, three-bathroom home offers immense potential for homebuyers, investors and builder/developers alike. Set on a substantial 607m2 (approx) allotment just steps from Sanger Reserve, the home is enviably zoned Industrial 1 which opens up exciting possibilities for redevelopment (STCA). Currently tenanted on a month-to-month basis, the rendered home is privately secured behind a tall fence, and offers a separate front lounge with high decorative ceilings, timber floors and wall heater, main bedroom with ensuite and mirrored built-in robes, two additional robed bedrooms and two modern, fully-tiled bathrooms (one incorporating laundry), and a well-appointed kitchen with adjoining meals area. Large front and rear yards invite the possibility of a home extension to accommodate growing families, and there's a garage with a workshop plus a separate lockup carport. Located close to Coburg North Primary School, Coburg North and Merlynston Village cafes and shops, public transport and parklands, and with easy access to CityLink, this family-friendly location suits a variety of lifestyle pursuits, with the incredible option to transform the space into a thriving commercial or industrial hub (all subject to relevant approvals).