Exhibiting grandeur and exclusivity atop a commanding 1,103sqm parcel on Teneriffe Hill, this captivating home forms a rare residence of position and potential with breathtaking views across the riverside landscape. Resting high on the elevated, north/south allotment with dual frontage and access, the house features a cascading three-storey 775sqm design (575sqm under roof). With DA Approval in place for a brand-new luxury five-storey home by renowned architect Shaun Lockyer, buyers can retain the existing extraordinary residence or develop an opulent new abode harnessing even greater elevation and enchanting views across the riverscape. Showcasing a solid build and sprawling proportions, the home comprises premium materials, including Terrazzo marble, granite, oak joinery, and a towering entrance foyer surrounding the beautiful bespoke balustrade hand crafted on-site. Hosting multiple living spaces, alfresco balconies, a Gaggenau kitchen and a bar orientated to the North-East aspect, the house forms a flowing indoor/outdoor haven for entertaining with majestic panoramas across Hamilton Hill and Teneriffe. Capturing vistas of the winding river and sunrise, your family and guests will delight in this awe-inspiring backdrop. The temperature-controlled cellar holds 2500 bottles, and recreation can be enjoyed on the top-floor gym, sauna and in-ground magnesium pool with a water feature and outdoor shower. Family comfort is provided by a dual home office, five bedrooms and four bathrooms, including a palatial primary retreat with sitting area, a skylight walk-in robe and spa bath ensuite. Featuring DA Approval for a brand-new Shaun Lockyer residence, buyers can take opulence to new heights and build a custom four-storey, five-bedroom, six-bathroom, 11-car oasis with a wellness pavilion boasting a bar, pool, gym, steam room, sauna, tennis court and music room, plus a self-contained studio apartment or office. The current elevated home is on an exclusive stretch of Teneriffe Hill, this property offers but is not limited to: • 1,103sqm north-east facing allotment with dual frontage and access • 5 bedrooms, 4 bathrooms, home office, triple garage and multiple off-street parking • Palatial primary suite with sitting room, a skylight WIR and spa bath ensuite • Panoramic views across Hamilton Hill, Teneriffe, sunrise and river • Sweeping living/dining areas extending to the entertainer's balcony • Gaggenau kitchen, wet bar and 2500-bottle temp-controlled cellar • Media room, top-floor gym, pool, sauna, outdoor shower and backyard • Walk to Teneriffe Park, Riverwalk, cafes, restaurants and boutiques • Proximity to CBD, CityCat, top schools, Gasworks and James St The Shaun Lockyer DA approved home features: • DA Approval for a five-storey Shaun Lockyer architectural home • 5 bedrooms, 6.5 bathrooms, 11-car accommodation, studio apartment and lift • Tennis court, steam room, sauna, lap pool, gym, cellar and music room Prestige Auction Event, Saturday 25th November, The Calile Hotel from 8:30am, if not SOLD prior. To obtain further information, please contact Matt Lancashire on 0416 476 480. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.