Offering a rare and highly versatile opportunity, this elevated freestanding family character home with rear lane access (Kennedy Lane) combines immediate liveability with outstanding future potential. Beautifully maintained and presented throughout, the property provides the option to enjoy as-is, renovate and extend, or capitalise on favourable R3 Medium Density zoning and recent rezoning changes (subject to council approval). Positioned within the Kingsford Town Centre Low to Mid Rise Housing Policy Area, it enjoys a premier location moments from the University of New South Wales, Prince of Wales Hospital, vibrant shopping villages, Newmarket's popular dining precinct and the light rail.- Well-presented and meticulously maintained freestanding character home- Three generous bedrooms with potential to create a fourth- Large, level backyard featuring lawn and a covered entertaining area, ideal for families and gatherings- Highly sought-after rear lane access to lock-up garage plus secure off-street parking for two additional vehicles- Zoned R3 Medium Density Residential with a floor space ratio of 1.5:1- Development potential up to four storeys with a maximum height of seventeen point five meters (subject to council approval)- Highly sought-after rear lane access to lock-up garage plus secure off-street parking for two additional vehicles- Prime lifestyle location close to the University of New South Wales, Prince of Wales hospital, light rail transport, Newmarket dining precinct and highly regarded local schoolsFor further information please contact Belle Property Randwick selling agents Shane Vincent zero four two five three three three four hundred or Stefanie Camilleri on zero four five two four seven seven three hundred twenty-two.