An exquisite past awaiting an exciting future Occupying a corner allotment, spanning approximately 406 square metres, this stately Victorian embodies the majestic grandeur of a bygone era, a quality seldom found in today's homes. The regal allure is highlighted by a traditional arched entry, soaring pressed metal ceilings, exquisite marble fireplaces, and floorboards beneath the carpets. Together, they form a brilliant canvas to inspire creative imagination to weave historical character with modern aesthetics, encapsulating a captivating fusion of past and present. The magnificently proportioned floor plan reveals a realm of possibilities with five principal rooms at the fore, ready to be tailored to your living, dining, and sleeping preferences. The kitchen, ripe for renovation, holds the promise of a modern gourmet space, while the bathroom also offers scope to update. Furthermore, the potential to extend upwards at the rear, while preserving the picturesque front facade, adds a layer of appeal for those looking to expand (STCA) A bonus is the fully self-contained three-bedroom unit at the rear, a versatile space perfect for accommodating extended family, or as a rental income source. It could also be set up as a professional studio or home-based business. Each dwelling comes with a courtyard, ready to be transformed into an alfresco oasis. Additional amenities include hydronic heating, laundry facilities, and two storage sheds. The prospect of redevelopment (STCA) is amplified by the two street frontages, providing flexibility for your architectural ventures. The location is a walker's delight with close proximity to Fawkner Park, Prahran Station, tram access, Prahran Market, and the upscale retail and dining options along Chapel Street, and Malvern and Toorak Roads. This residence is not just a home, it's a gateway to a lifestyle merged with historical elegance, modern potential, and a vibrant local scene.