An absolute gem and an extremely rare opportunity in the highly sought-after Glenarm Place, sitting on an allotment of a massive 1385m2 (approx.). It offers exciting potential to restore, redevelop 3 Townhouses (STCA) or build your dream home in one of Melbourne's best suburbs. Constructed over 100 years ago, this grand historic home has 4 bedrooms and 2 bathrooms with a generous formal lounge, with stunning timber vaulted ceilings and striking stone fireplace, casual family and meals zones, immense rumpus room with leadlight windows and a wet bar, functional kitchen, sunken downstairs bedroom with great space, 3 upstairs bedrooms, 2 bathrooms (including one with a spa), laundry, hydronic heating, air-conditioning, large rear garden, swimming pool, and a double garage. Restored to it's former glory, it would be a genuine "wow" home. Close to Mount Waverley North Primary School, St. Christopher's Primary School, Wesley College, Huntingtower School, Avila College, The Glen Shopping Centre, Burwood One Shopping Centre, shops/restaurants on nearby Blackburn Road, Tally Ho Reserve, Highbury Park, buses, Syndal Station. Walk to Syndal station and shops, Burwood East tram, and major bus routes. Close to the Monash Freeway, Monash and Deakin Universities, multiple state schools and private colleges, and major shopping centres such as The Glen, the exciting new Burwood Brickworks retail and entertainment precinct and Chadstone Shopping Centre *Inspections by appointment only. For a full list of our LARGE SELECTION of properties, visit our website at www.cnre.com.au Call NOW on (03) 9831 9831 on our 24-hour line