18 Elizabeth Street, Malvern VIC 3144

Build the dream, revitalise a dream home, bring your vison to this highpoint position. A rare find in this elevated school-belt locale of significant family homes and luxury new development, this property is in a dream position with approx 781sqm land, a great late-20th Century dream home with panoramic views.

High above the treetops with a vast outlook to the Dandenongs and a more intimate perspective to the parklands of Sir Selman Cowen Park, this exceptional site will raise all expectations with space for the grandest architectural design, elevation to afford uncompromised views, with a location that allows a relaxed family life.

Just up the hill from the revitalised Tooronga rail precinct, 200m to the Malvern Rd tram and a short walk to Tooronga rail precinct, this rare site takes a view to the future. Boasting easy proximity to in-demand schools including Lauriston, St Kevin’s, Bialik, Scotch College and Mandeville, and is in the Malvern Central Primary School Zoning and the Spring Road Campus.

Alternaively, take a second look at the substantial, up to five-bedroom, three bathroom, home already here. Well-sited on the block beyond a semi-circle driveway, this multi-zone home moves through multiple levels to provide bay-windowed formal lounge-dining, a north-facing central family zone with a sunken lounge, and an expansive rumpus room opening to an entertainer’s terrace with coal and gas BBQ.

Owner-built on the grandest scale with a balconied master-suite (with walk-through dressing room to a vast ensuite) to the front, and a panorama-view balcony-terrace with a glass walled sunroom behind, the home features a remarkable retro aesthetic. Hand-selected marble tiles and imported artisan tiling share space on floors and walls, hand-laid terrazzo flooring includes spectacular rumpus-room inlay, and a rare two-storey full-brick build incorporates areas of suspended slab construction.

With a vintage kitchen updated with quality stainless-steel appliances, and vast and vibrant bathrooms, there’s an abundance of storage including built-in robes, and plentiful semi-circle driveway parking plus a rear garage. Return this former dream home to its glory days …or, at the very least, enjoy a substantial family lifestyle or rental opportunity until it’s time to step up and take a new view.