70 Tower Road

Surpassing all expectations of development potential, with previously approved plans and permits for a 5 lot subdivision elevate this 9,016sqm (approx.) allotment to an unrivalled position of prestige within a highly sought after Mount Eliza neighbourhood. Exploring the scope to appoint luxury residences on spacious individual allotments, this single title showcases an unparalleled opportunity for family-focused development in the heart of Mount Eliza with additional scope to preserve an original home and piece of history. The original home features grand proportions with heightened ceilings, expansive windows and thoughtful north-facing aspects. Entertaining with elegance, formal dining and wet bar allow liveable family space to transform with a sophisticated atmosphere for hosting on any scale. Three spacious bedrooms including a master with wall-to-wall vanity and walk-in robe capture sweeping vistas of the Peninsula’s hinterland serviced by two retro bathrooms presenting in immaculate condition. Embraced by perennial blooms, luscious farm-style gardens embrace a fenced tennis court, pool yard and workshop with rear access from Seahaze Court maintaining private access to the residence beyond potential development. - Previously approved plans and permits for a 5 lot subdivision - Dual access from Tower Road and Seahaze Court - Original home cherished by generations presents original elegance - North-facing sun room provides overflow for formal dining and bar space - Idyllically located within walking distance of Peninsula Grammar - Overflowing with original charm where grand proportions meet leadlight details. - Immaculately kept open fireplaces with stone hearths - Zoned climate control, and security system present peace of mind - Dual lock-up garage with abundant off-street parking - TERM: 10% deposit, balance due 30/60/90 days