This comfortable, mostly original but beautifully preserved family beauty on an ENORMOUS 942sqm (approx.) wedge-shaped parcel is bursting with appeal in one of Cheltenham's most desirable pockets. 942sqm of land is such a rare commodity - located just moments from Southland shopping and dining, Waves Leisure Centre, Highett Reserve, Charman Road and Cheltenham Station - it's a dream come true for home buyers, developers, investors, renovators and new-home builders alike, with a multitude of opportunities to explore (STCA). Bring the kids, pace out the space for a pool and give your architect the nod to draft up new plans for your dream home! Alternatively, measure out this prime site to fit multiple new residences (STCA), to maximise the return on your investment. For renovators wanting to get their hands dirty, the large-existing 4-bedroom, 2-bathroom home can certainly be brought up to speed to accommodate modern families of today. Perhaps you subdivide and renovate the front home while building your dream home at the rear (STCA). Then fund the project by selling off the existing home, or retain it as an investment. There's a winning scenario behind every door! Ducted gas heating and ducted evaporative cooling throughout; high ceilings, decorative cornices, picture rails, a functional updated kitchen, four generous bedrooms with built-in robes - bedrooms 1 and 2 are HUGE - two bathrooms including a private bathroom for the rear master; a separate toilet and a laundry. Two great living zones including an open plan lounge and dining and a combined kitchen and family/meals, opening at the back to a covered paved entertaining and a glorious north-to-west backyard, an oversized double garage and workshop, plus a carport and side access driveway. Just imagine getting your hands on almost a quarter-acre of prime bayside real estate and living a life rich in diversity, culture and opportunity - surrounded by excellent public transport, major and boutique shopping, world-class dining, beautiful playing fields, nature trails, beaches and renowned public and private schools! PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections