This charming weatherboard house in Yarra Junction is a rare find, boasting old world character and a spacious layout. With the option of 4 bedrooms or 3 bedrooms and a study,2 bathrooms it offers plenty of room for a growing family or those who can see the development potential. The attached studio provides additional space for guests or as a workspace/home office. The high and decorative ceilings, along with the rambling verandahs on two sides, give this home a sense of grandeur and elegance. The house has been reroofed and one of the bathrooms renovated but there is still work that could be done to bring it up to the grand old lady that it once was. The garage at the rear, which has seen better days, is still a valuable space and could, with some work, become an asset to the property. Located near schools, transport, and the Warburton rail trail, this property is in the heart of Yarra Junction, providing easy access to all the local amenities. The corner block, approx. 1013sqm in size, is zoned NRZ2 and is subdividable (STCA), making it a great opportunity for those looking to develop. Don't miss out on this unique opportunity.