Situated in arguably one of Glen Waverley's best streets and representing pure gold in real estate terms, this rectangular 716sqm (approx.) allotment located is just walking distance to The Glen Shops and is positioned inside the coveted Glen Waverley Secondary College & Glen Waverley Primary School zones. Forever owned by one family, this much-loved home offers the perfect opportunity to redevelop your dream home or multi dwelling project (STCA), while the opportunity is there to lease out the front and the rear self-contained unit and maximise your rental income. Perfect as a long-term investment, the existing home is sound, immaculately presented and offers a practical layout for large extended families. As you enter the home you are welcomed by a spacious foyer leading you to the formal lounge and dining room at the front of the home. The central kitchen is equipped with all your needs and plenty of cupboard space. Surrounding the cosy casual family room are four bedrooms and the main bathroom. The rear of the home comprises of a self-contained unit with its own kitchen, bathroom, bedroom and the luxury of its own access, perfect for the overseas guests or family members requiring their own space. Further enhanced by a ducted heating system, evaporative cooling throughout, terracotta roof tiles, separate laundry, garden shed plus a long driveway leading you to the secure single garage. Enviably situated in central Glen Waverley, only a short walk from Wesley College, Glen Waverley Primary, The Glen with its recent renovations, Glen Waverley Train Station, the culinary delights of Kingsway, whilst within close proximity to both Monash and EastLink Freeways. Photo ID required at all open for inspections.