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Malvern East

5 3 6

57 Beaver Street

Asking $5,500,000

Unique Gascoigne Estate Opportunity

Inspections By Private Appointment between 12PM - 1PM Saturday. Contact Agent to book an inspection.

In the highly coveted and historic Gascoigne Estate, this glorious 1004sqm (approx.) allotment with north-facing backyard represents an exceptionally rare and probably unique opportunity to create a dream home with approved plans. Hard fought for over a long period of time, the singular permit is for a luxurious 811sqm (approx.) 5-bedroom, 3-level family home with basement. The valuable permit requires only keeping the façade and part of side walls of the original period residence. It's a once in a generation opportunity, unlikely ever to be repeated in this heritage pocket.

With partial demolition of the existing home already completed, the plans are ready to be implemented immediately. The lavishly proportioned and finished home will comprise a gracious sitting room and refined home office accessed from the central entrance hall. A deluxe kitchen with butler's pantry/2nd kitchen and the palatial open plan living and dining room will access an expansive 79sqm (approx.) covered al fresco with fireplace and BBQ kitchen overlooking the private north-facing garden and pool. A ground level main bedroom with walk-in robe and lavish en suite will be matched by a second main bedroom with en suite and walk-in robe upstairs, alongside three additional bedrooms with walk-in robes, a retreat and third bathroom. Adding another level of opulence, the basement level will comprise a home theatre, gym, wine cellar/tasting room and 6-car garage.

Add your own finishing touches and design preferences to make this the home of your dreams in a desirable location, walking distance to Central Park, Wattletree Road trams, elite schools and village shops.

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Andrew Hayne

Director, Auctioneer

Justin Krongold

Sales Executive

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