1 Athol Place

Canterbury VIC 3126

Rarely does a property of this size (736sqm approx. excluding the carriageway) with no heritage overlay and excellent investment potential, become available in the highly regarded Golden Mile precinct, one of Melbournes most prestigious residential areas. This opportunity is also perfectly located within an exclusive cul-de-sac which is home to only a few privileged residents. This property offers an outstanding opportunity to redevelop with a luxurious new family residence in keeping with the surrounding homes or two new townhouses. Alternatively, it is an exceptional opportunity to renovate and update the existing home (STCA).Originally built in 1946 the present two-storey brick family home features a flexible interior with polished hardwood floors flowing to a sitting/dining room with garden vistas, powder room, timber kitchen equipped with an island bench and premium appliances plus an informal family dining area and adjacent laundry. Through to a downstairs main bedroom with a WIR, built-in robes and spa bath ensuite. All opening to a covered terrace overlooking a deep rear garden - providing a private space for outdoor relaxation or entertaining. Upstairs features a study, a family bathroom and four bedrooms with built-in robes or three plus a family retreat. Other features include ducted heating, R/C air conditioners (kitchen/dining, main bedroom and upstairs bedroom/retreat), garden shed/storage and off-street parking.Further enriched by the surrounding Golden Mile precinct, positioning this property amongst the areas finest homes. With a leafy outlook overlooking the Outer Circle walking trails leading to parklands; it is also close to Deepdene, Whitehorse or Maling Road shops and cafes, the Balwyn Cinema plus many of Melbournes finest schools and public transport options are just minutes away - all of which enhances the lifestyle appeal of this prestigious location.