2 Tenham Grove, Cheltenham VIC 3192

All Offers Welcome Prior To Auction!

This property presents a rare and exciting opportunity, boasting approved plans and permits for the development of two luxurious townhouses. Situated in the coveted Golden Triangle, where dual school zoning and proximity to amenities converge, this sizable 775sqm (approx.) allotment is adorned with flourishing edible plantings, adding to its allure.

The existing dwelling exudes a sense of nostalgia and offers ample space for comfortable living. With both casual and formal living areas, a well-appointed kitchen, four generously proportioned bedrooms, plus a study, there's room for the whole family to thrive. Additionally, one of the bedrooms is ingeniously designed as a separate retreat, complete with its own ensuite bathroom, kitchenette, and external access—a perfect haven for teenagers or guests.

Whether you're inclined to lovingly renovate the existing home, envision a bespoke family masterpiece, or capitalize on the lucrative option of subdivision The possibilities are abundant. Ducted heating/cooling, a tandem garage, and a two-way family bathroom contribute to the functionality of the current residence.

Conveniently located mere moments from Southland Shopping Centre and DFO, with coveted zoning for Mentone Girls' and Parkdale Secondary Colleges, this property promises a lifestyle of convenience and prestige. Its strategic positioning also ensures easy access to the CBD, making it an ideal choice for discerning buyers seeking a blend of luxury, location, and potential.