Occupying an elevated, peaceful, and private setting in one of Arana Hills' most sought-after cul-de-sacs; this spacious property built in 1960 is heading to market for the very first time. This property presents a multitude of wonderful opportunities. Consisting of a classic, solid timber residence and a granny flat, there is potential to enhance the home to meet contemporary tastes or completely re-develop, subject to council approval. Situated on a desirable, elevated parcel of 2,015sqm that is split into two separate titles, there is the potential to reinvent the property and build two separate homes. One of the largest blocks in the area, the site is bathed in northern sunshine and soothed by cooling breezes. Surrounded by established, landscaped gardens that include mature macadamia and mango trees. There is also a spacious deck, solar panels of approximately 5.6kw and an in-ground swimming pool with a powered, poolside, undercover entertainment area. The home includes a gas kitchen, timber floors, expansive open living areas and four generous bedrooms, while the granny flat has an electric kitchen, bathroom and a large living area. Conveniently located just 3 minutes to the shopping amenities of Arana Hills Plaza, less than 5 minutes to schools and bus stops and 6 minutes to the train station. This is an opportunity of unquestionable appeal in a highly-prized community. Features include: - Peaceful and private elevated setting in a highly-prized cul-de-sac; - Two separate titles sprawling across 2,015sqm; - Potential to enhance/develop up to two homes, subject to approval; - Established landscaped gardens; - Flat level grounds; - Cooling breezes; - 3 minutes to the shopping amenities of Arana Hills Plaza - Well positioned 5 minutes to schools and 6 minutes to the train station - Classic, solid timber home; - Gas kitchen; - Granny flat; - Pool with powered outdoor entertainment area; and - Spacious deck