16 Jellicoe Street, Cheltenham VIC 3192

Make history in the Southland precinct with vast views, immense dual-frontage land, and a landmark home with a history all its own! Built in 1986 by the high-profile Grollo Construction Group on a vast approx 1130sqm site, this palatial home is the grandest estate in a row of impressive family residences positioned to capitalise on proximity to Southland (just 200m) and panoramic views as far as the Dandenongs.

Now zoned GRZ2 with the added advantage of a second frontage to a rear lane (Pine Avenue), the property provides an historic opportunity for families and developers alike - with scope for multi-dwelling development (Subject to Council Approval) and potential to be retained as a grand family estate. Ready to reward with Southland's shopping at the door, the revitalised Charman Rd retail and rail strip within a walk, and schools and parklands close, the property is located to appeal to future townhouse and apartment buyers at all levels.

But don't be too quick to overlook the appeal in the four bedroom plus home-office, four bathroom, multi-living home already here. Built on a majestic scale, this broadly balconied home follows a traditional floorplan with split-level formal lounge and dining plus a vast tiled family zone, a wraparound sunroom flowing to an all-weather al fresco area. and a panorama-view lounge oriented for vast views.

Endlessly accommodating with suites upstairs and down, double-plus secondary bedrooms and an immense family bathroom, the home offers family living and entertaining on a grand scale - with a timeless timber and stainless-steel appliance kitchen and contemporary appointments including up to four car garaging. Ready to renovate, perfect to rent, this expansive home is a grand family opportunity …or great investment option while you plan or landbank for the future.

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