This wonderfully versatile and equally impressive home is ideally positioned within seconds walk of the Tennyson Street shopping village as well as all of the lifestyle attractions that contribute the vibrancy of Elwood. Positioned on a large 467sqm allotment comprising of an immaculately presented three-bedroom home including a study, en-suite as well as recently renovated kitchen and bathroom. The living area is flooded with natural light that is accentuated by the parquetry floorboards, as well as floor to ceiling glass windows that open out to the rear courtyard showcased by a beautifully manicured garden that create a tranquil and peaceful outdoor living environment. Adjoining the rear courtyard you will discover an external addition that complements the original home and comprises of a ground floor private art studio or home office. Additionally, upstairs, a one bedroom independent living unit with its own separate private entry as well as high vaulted ceilings with views over the surrounding rooftops and treetops provides the opportunity for an additional revenue stream or accommodation for visiting friends and family. The independent apartment is separately metered for gas, electricity & water. Overall this property offers flexibility for a multitude of living arrangements with the opportunity to capitalize on the short-term accommodation boom.