Offered for the first time in almost 80 years, this cherished 1940’s family residence, situated in one of Oakleigh’s leafy tree-lined avenues, presents an exciting opportunity. Sitting on a magnificent 1,128m2* block of prime land & surrounded by modern homes, while there is an opportunity to either occupy or utilise the property as a rental investment while seeking relevant council approvals, this cherished single level freestanding home also offers vast scope for an inspired renovation or complete redevelopment into townhouses/units or a luxurious architectural masterpiece (STCA) – the choice is yours. An enclosed front garden greets you on arrival, while on the interior an entrance hallway with built-in cabinetry accesses a large living room with open fireplace & lovely front garden outlook kept comfortable by split system heating/cooling & a functional spacious kitchen with an abundance of storage & space for meals area. The flexible floorplan also features four well proportioned bedrooms, an original condition central bathroom with shower over bath & a sunroom enjoying access to a massive rear garden, a separate laundry & toilet. Other features include rear storage shed/garage & plenty of off street parking accessed via double gates in ROW. This fabulously located property offers a rare opportunity & is conveniently positioned close to Eaton Mall, Oakleigh Central Shopping Centre, Oakleigh Train Station, quality schools & Chadstone Shopping Centre. *Approximate Title Dimensions.