Your Toorak dream starts here. This North facing allotment invokes an exciting opportunity to renovate an elegant four bedroom period residence with a north-facing rear garden in a prominent Toorak location. Alternatively, the Blue Chip parcel of land paves the way for a luxury new home (STCA). Maintaining the architectural features of its era from sweeping bays of windows to floorboards, open fireplaces, stained glass windows and tall ceilings, the four bedroom accommodation is comfortably supported by separate living and dining rooms, north-facing family room, kitchen with garden access and main bathroom ensuring immediate livability while you set down plans for the future. In addition, a wide side driveway leads to an original brick garage. With land in Stonnington at a premium, this is an enviable opportunity to either re-create the past, start afresh or spearhead a development in a prime location close to Hawksburn and Beatty Avenue villages, Mandeville Hall, Orrong Park and tram, bus and train services. Without question, this one of the best development prospects seen in Stonnington this year. Land size: 15.24 x 32.18 metres (490sqm) approx.