To restore, invest in or redevelop, this property presents an incredible buying opportunity that allows you to cash in on a position so close to Mt Eliza and demand for village lifestyle.A comfortable stroll to cafes, the baker, butcher and boutique shops, this three-bedroom residence and guest cottage offers all the charm of Mt Eliza's early homes, while the large 952 sq.m (approx) block is a development opportunity handed to you on a silver platter with an existing permit to build three two-bedroom units.Enjoying quiet at the end of a court, the gracious weatherboard home offers elegant décor, high ceilings, sash windows, a corner spa in the main bathroom and a master bedroom with French doors to a patio, ensuite and walk-in robe.There is a richly stained timber kitchen with Smeg heritage-style cooking appliances and walk-in larder, a spacious lounge and dining room, a wide gallery-style hallway to use as a sunroom and a covered patio for outdoor entertaining.Beside the home, a fully self-contained cottage is fabulous for elderly parents, teenagers, borders or as a home office with an open plan lounge and kitchen, a bedroom, bathroom and double carport.