39 Burton Street, Lalor, Vic 3075

Sitting on a large 665sqm (approx.) north-facing block of opportunity is this updated three-bedroom brick beauty, which could line your pockets with income as a rewarding rental or play out your development dreams, now or in the future (STCA).

In fact, thanks to the home's pristine presentation, which sees polished timber floorboards flowing throughout the welcoming living area, a stainless steel upright cooker adorning the modern kitchen and abundant natural light throughout, you have the luxury of time on your side and therefore won't feel rushed into deciding. Just move straight in (or rent it out) and enjoy!

In the meantime, you could consider the options that stand before; that being, maximising the full potential of the block and building a collection of ultra-contemporary townhouses to complement the sought-after location or retaining the front home and developing your nest egg in the large grassed backyard (STCA).

What's also guaranteed to excite is the prospect of living - or developing! - in a first-class locale, which is within walking distance of bus services, Lalor train station, Rochdale Square shops, Partridge Street and Lalor reserves and Lalor North Primary School and minutes to the buzzing Lalor shopping strip, Lalor Library, Epping Plaza Shopping Centre, Costco, Northern Hospital and the Metropolitan Ring Road.

Complete with generous-sized bedrooms, updated bathroom, window shutters, gas heating, split-system cooling, a single lock-up garage and plenty of extra off-street parking space, it's a smart choice.