248 Waverley Road, Malvern East VIC 3145

Revealing an endless array of options for the home buyer, renovator and developer, this grandly proportioned period home is brimming with character and bursting with potential on a generous allotment of land right on the edge of East Malvern village. From a family perspective, the existing home holds timeless appeal and presents a wonderful foundation for your contemporary additions with over-sized proportioned rooms, Baltic timber floors, high ceilings and beautiful leadlight windows. Theres boundless space in the lush level gardens to extend, add a luxurious resort-style pool oasis and create a prestige family estate close to outstanding schools, Ardrie Park, East Malvern and Caulfield trains, trams and Monash Uni Caulfield. A flexible home with overwhelming prospects comprising secure portico entrance to an elegant fret-worked foyer, 3 big bedrooms, magnificent formal lounge (OFP), updated bathroom, large kitchen (walk-in pantry and cellar) and meals area, pretty sitting room and sunroom. Upstairs you will discover a 4th bedroom and huge attic-style retreat with a delightfully sunny balcony where you can sit and relax on a Summers afternoon with a good book. Alternatively, the substantial land dimensions (18.3m x 45.7m), ideal GRZ 7 planning zone (10.5m height limit), wide 4.5m ROW second access and high-exposure location close to trams and trains will no doubt tempt developers to pursue a multi-unit development, wiping the slate clean and creating a boutique group making full use of the dynamic location close to all of Malvern East's finest amenities. Land 833 sqm (approx.)