Perfectly positioned on an alluring 1028sqm (approx.) allotment, this family home with separate bungalow presents the perfect opportunity for home buyers looking to renovate or extend (STCA), or astute investors seeking to add to their portfolio. Benefitting from two separate tenancies, the home offers a solid rental return (currently returning a combined $2716 per month), granting you plenty of time to prepare for your move or plan and decide the property's future. Inside, the home's traditional floorplan rests beneath attractive high ceilings and comprises a generous lounge room with glass doors leading out to the covered front patio. A separate kitchen and meals zone offers polished timber floorboards, functional appliances and provides easy access to the laundry and private backyard, with the bungalow enjoying its own private area and shed at the rear of the property. The three light-filled bedrooms are all well proportioned and include a master bedroom with built-in-robes, accompanied by a family bathroom with toilet. Adding to the home's accommodation, the rear bungalow presents a tidy living zone and kitchenette plus a single bedroom with ensuite. Further enhanced by ducted heating, garden shed, single carport plus a detached single garage. Conveniently situated within walking distance to childcare centres and kindergartens, Ruskin Park Primary School, Yarra Hills Secondary College, Mooroolbark shops, restaurants, Kilsyth Shopping Centre, Kilsyth Centenary Pool and buses. Within close proximity to trains plus Eastlink.