Situated in a highly sought-after area renowned for its exceptional lifestyle offerings, this property presents an outstanding opportunity that will captivate a wide range of purchasers. Currently serving as a compliant rooming house, it offers an enviable rental yield, promising investors immediate returns that are sure to excite. Designed with functionality and style at its core, this charming residence features seven well-appointed bedrooms sharing two modern bathrooms, a generous lounge area that seamlessly transitions into a contemporary kitchen and dining space equipped with stainless steel appliances, gas cooking, and elegant glass splashbacks. The exterior of the home does not disappoint, boasting a welcoming verandah and a secluded backyard, perfect for relaxation and entertainment. Positioned on a substantial 779sqm (approximate) parcel of land, it also presents a rare opportunity for the new owner to either construct the dream family dwelling or to explore subdivision and redevelopment possibilities (Subject to Council Approval). Additional amenities include ducted heating, a double garage to the rear, a single lock-up garage, and extensive secure driveway parking. Its prime location is unrivaled, directly opposite Wattle Park and a thriving shopping area, within walking distance to Deakin University, and accessible to tram and bus networks. It is also conveniently close to prestigious educational institutions such as Mt Scopus College, PLC, Kingswood College, and leisure facilities like Box Hill Golf Club, Gardiner's Creek Reserve, Box Hill Central, and the Box Hill station. Photo ID required at all open for inspections.