Nestled in a prestigious location between Albert Park Lake and the Bay, this charming double-fronted home from the 1920s offers a perfect blend of modern updates and classic character. The property has been stylishly refreshed, providing a comfortable living environment, while also presenting exciting potential for further development. With a 'Nil' grading from the City of Port Phillip (STCA), there's ample opportunity to create your dream home or expand the existing space.Set on approximately 170 sqm, the property boasts an inviting 8.5m frontage on Erskine Street and a generous northern orientation with a depth of about 19.8m. Side access via a quaint cobblestone laneway along the western boundary adds to its appeal and convenience.The north-facing outdoor entertaining area is ideal for hosting gatherings, basking in sunlight while leading into light-filled living and kitchen zones. These spaces are enhanced by elegant stone benchtops, a suite of high-quality Electrolux and Bosch appliances, and extensive storage options, making it a joy to cook and entertain.As you enter through a long arched hallway featuring beautiful Baltic pine flooring, you will find up to four bedrooms available, or three bedrooms plus a versatile lounge or study, accommodating your lifestyle needs. The central renovated bathroom offers modern amenities, complemented by an external laundry, a second WC, and the comfort of split system heating and cooling.With its enviable location, you can enjoy a leisurely stroll to the beach, Albert Park Lake, and the local village, where you'll find delightful cafes and convenient tram services. This property is not just a home; it's a lifestyle choice, promising both comfort and opportunity in one of Melbourne's most sought-after areas.