481 Waverley Road, Mount Waverley VIC 3149

This gateway location and its mid-century brick veneer has been cherished by its family for more than 50 years. Now it's time for the next generation to enjoy the spoils of multicultural Mount Waverley - the Eastern and European flavours of Pinewood Village which is just a 10min walk, prize placement in the school zone for Pinewood Primary and Mount Waverley Secondary College (STSA) and beautiful walking tracks along the Scotchmans Creek Trail.

Presenting in good original condition, the home retains its hardwood floors, and grand picture windows, adding ducted heating, evaporative cooling and solar panels. A surprisingly spacious floor plan offers 4 zoned bedrooms that include a master and ensuite in its own private wing, 3 living areas and 2 decks - a comfortable setting to live in or lease out while you consider the future of the 644sqms (approx.) site and its 20m (approx.) frontage.

As a near level rectangular block, there's exciting renovation and development prospects (STCA) for this tightly held location in easy reach of Pinewood shopping village and its Italian fare at Marketa and Waverley Cinema, new Asian food markets at The Glen, designer fashion at Chadstone, train access at Syndal station, key bus services including the 623 to Chadstone, Carnegie and St Kilda, and the Monash Fwy and Eastlink stretching from the city to the coast. Whatever your vision, the next chapter for this prime address is up to you. Grab an espresso at Marketa while you think about it.