Wonderfully placed in a serene tree-lined cul-de-sac which is truly one of St Kilda's hidden gems, this original 4 bedroom, 2 bathroom classic home on a 400 sqm (approx.) block is an incredible family investment with so much amazing potential for contemporary greatness! First time on the market in three decades, this property offers a wealth of possibilities. Investors will love the opportunity to buy and hold this home for another 30 years and let the property appreciate in value with a happy tenant. Alternatively, this dwelling is ready and waiting to be transformed into a stylish and grand new family home or dual townhouses (all redevelopment plans STCA). The home has no heritage overlay and sits in GRZ1. There is also the option to renovate and bring this residence into the 21st century. Well-presented to live in now and with wonderful period detail through the front of the house including casement windows, this single level beauty promises timber floors relaxed living and dining rooms, quality kitchen with adjoining meals, 3 sizeable main bedrooms (incl. 2 beds with BIRs), central bathroom, large laundry, utility room, workshop/storage, detached studio with large bedroom/living, kitchenette, shower, and access to an external toilet, ducted heating throughout, split system cooling in kitchen, ceiling fans, garden space, and off-street parking for 2 cars. This secluded and quiet street has you moments to the scenic St Kilda Botanical Gardens for picnics and daily walks, iconic St Kilda Beach, Carlisle Street shopping strip with amazing restaurants and shops, Acland Street attractions, St Kilda Primary School, trams to the CBD, buses, and Balaclava Station.