Magnificent two-story family residence set on approximately 526 sqm of land surrounded by lush gardens. Exceptional light-filled dimensions highlights its impressive family appeal. Superbly appointed with generous proportions offering flexible living zones, displaying many fine period features including ornate high ceilings, cornices and open fireplaces. Featuring five bedrooms and three bathrooms including master bedroom with ensuite bathroom. Impressive separate elegant dining room, study, well equipped new kitchen with stone benchtops adjacent to delightful large open plan family room overlooking private and peaceful picturesque garden with brilliant alfresco entertaining area. Hydronic heating and cooling, separate laundry with ample storage. Permit approved for inground pool. Only 200 metres approx. to the beach, in the school zone for Albert Park College and nearby primary schools with a short walk to Middle Park village and popular cafe eateries. Note: excellent two street frontage via Ashworth Street providing easy car access into three car garages via auto roller door. Permit approved and ready to go rear subdivision for an architecturally designed red brick New York Style warehouse with timeless street appeal facing wide bluestone laneway with soaring 6-metre ceilings, plus rooftop terrace. Featuring three bedrooms, study, two bathrooms with expansive open plan living room with huge entertainers' terrace, double lock up garage. This rare and unique opportunity is on offer to either enjoy as a family residence or for the savvy buyer to build and create a lifestyle future investment. Long settlement terms considered Inspect by appointment only, contact Andrew Turner 0408 211 281 Presented by Cayzer Real Estate Albert Park. All enquiries must include a phone number. ** No Board On The Property.