This exquisite dual-residence property, encompassing a generous 743 square metres, presents a unique and versatile opportunity. Poised on the elevated side of the street, it features two splendid homes, each boasting five well-appointed bedrooms. These residences are not only currently unified under one title but also come with existing permits to function as student accommodation, offering rooming houses. The potential here is vast: continue utilizing the space as student housing, explore the possibilities of multi-generational living, or capitalize on rental income. Additionally, there's the potential for redevelopment into a multi-unit site, subject to council approval. A subdivision of the two existing homes is also a feasible option. Each home is a testament to modern living with 8 bathrooms, 2 contemporary kitchens, ducted heating and cooling, a ducted vacuum system, solar power, and two garages accommodating three vehicles, alongside additional open-air parking. Strategically located within walking distance of Deakin University, Presbyterian Ladies' College, and the #75 tram line, the property is also conveniently close to Burwood One, Burwood Brickworks shopping centres, and the Monash Freeway. Private inspections are available by appointment, offering an exclusive view into this remarkable property's potential. Photo ID required at all open for inspections.