Prime land-value opportunity in a sought-after central location. Offered as is, where is, this 6,411 sq ft lot (approx. 49.7 ft x 129 ft) is ideally located near the top of Avebury Avenue close to Ryan Street. The existing 2 bedroom rancher requires significant updating and is best suited for buyers looking to redevelop, build new, or secure a well-located property for future plan making this an exceptional opportunity for builders, developers, or buyers ready to create something new. Zoned GRD-1 (Residential Infill Area) with redevelopment potential (buyers to verify all plans and possibilities with the City of Victoria). Quiet established neighbourhood within walking distance to Oaklands Elementary, Hillside Mall, Royal Jubilee Hospital, and Fernwood Village. Minutes to Camosun College, UVic, and Downtown Victoria. Rare chance to secure a well-located property with future upside.