This fantastic near-level acre property enjoys a premier Donvale location where every investment dollar will reap rewards. Home to a spacious yet original residence that is primed and ready to start a new chapter, the property also offers a large in-ground pool, park-like gardens and an unbeatable position. - Large original residence on a premier Donvale acre allotment - Outstanding opportunity to renovate and transform into a prestigious lifestyle property (STCA) - The elegant formal lounge and dining rooms present an immediate sense of occasion - The kitchen is accompanied by a vast light-filled meals/family zone that overlooks the pool and garden - Designed for indulgence, the zoned master suite enjoys an ensuite, balcony and complete privacy - A study/sitting room adds flexibility to the design, leading to an enclosed indoor/outdoor room - Wide lawn expanses and large established trees provide an idyllic setting for family life - Extras include ducted heating, air conditioning, double garage, cosy wood fire and limitless potential for transformation This well-positioned property is close to a choice of shopping precincts, private school buses and more. With Eastlink/Eastern Freeway nearby, it is an easy commute to the CBD during the week, and Mornington Peninsula on the weekends. Act now and bring the dream into reality.