Wander down the street to enjoy the never-ending pleasure of fashion retailers and acclaimed restaurants and cafes along Glenferrie Road. The position is superb, right in the heart of Malvern and offers close proximity to the CBD.An amazing opportunity exists here and an exciting life changing future is in store for the new owner. The choice is yours to purchase this grand 1920's six bedroom family home or build your dream home, townhouses or boutique apartment complex (STCA) right here in leafy Malvern. Enjoy the lifestyle in this majestic family home offering generously proportioned rooms comprising impressive Entrance, elegant Sitting, and Dining rooms, open plan Kitchen, Meals and Living room leading onto stunning North facing rear garden.Or, consider building your exquisite dream family residence of grand proportions (STCA) on this generous 839 square metre allotment (approximately). This magnificent proportioned family allotment boasts a wide 18.4 metre frontage onto prestigious Wattletree Road and further offers the highly desirable North-facing rear orientation where your architects will capture the light.Conveniently located close to leading schools, tram at your doorstep, Milton Gray Reserve and Cabrini Hospital close by, walking distance to Malvern Station, this has to be the lifestyle you are looking for. Relish your dreams in this his prime blue-chip location.