1-2/21 Stanley Grove
Canterbury

Rarely does a property of this size and investment potential become available in such a prestigious location in the highly regarded Golden Mile precinct, one of Melbourne's most prestigious residential areas with its leafy surroundings and beautiful tree-lined streets. This property offers an outstanding opportunity to redevelop with a luxurious new family residence in keeping with the surrounding homes, build two new townhouses or renovate and update the existing homes (STCA).

Currently occupied by two spacious townhouses c 1975 on separate titles, in very good condition with un-renovated interiors by today's expectations. Situated on a well maintained garden allotment and once renovated these homes would be suitable for an owner-occupier or re-leasing. Both have similar easy living floorplans. Townhouse 1 enjoys street frontage with a front and rear courtyard garden. Comprising an entrance hall, living/dining room, two bedrooms, main with WIR, period-style bathroom with separate WC, modern kitchen with meals area and adjacent laundry; plus ducted heating, R/C air conditioner and lock-up garage. Townhouse 2 at the rear has a similar floor-plan and amenities but is larger and has three bedrooms plus garaging for three cars and a garden shed/storage.

This exceptional property enjoys a privileged position in one of Canterbury's highly regarded streets amongst some of the area's most prestigious properties - close to historic Maling Road or Camberwell Junction, Whitehorse Road shops, cafes and Balwyn Cinema plus easy access to a myriad of Melbourne's prestige schools, public transport options, Boroondara Park and the Outer Circle trails for recreation - all desirable features that will attract buyers to this locale.

Land size: 790sqm approx.