Perfectly positioned in a prized, family-friendly location close to elite schooling, this potential-rich 907sqm (approx.) parcel of prime land represents an exciting investment or development opportunity with multiple possibilities.

Currently housing an original solid brick art deco residence with a deep rear garden, the opportunities abound to take advantage of its north-west orientation and 18m frontage to build something truly special (STCA).

Alternatively, embrace the generous dimensions and high ceilings, decorative fretwork and leadlight windows of the four bedroom period house and restore it to its former glory or completely transform it with a luxurious contemporary renovation and extension.

Whichever path you ultimately take, realise the investment opportunity of this impressive prospect by renting the house out while plans are finalised.

Ideally positioned within easy reach of leading schools including King David, Yeshivah College and Melbourne and Caulfield Grammar, Alma village, Dandenong Road trams, Malvern Central and High Street shopping, cafes and restaurants.