23 Hotham Grove, Ripponlea VIC 3185

Privately set on an expansive 1,310m² (approx.) of prime residential land, this substantial mansion residence presents a rare and versatile opportunity in one of Elsternwick’s most sought-after locations. Beautifully maintained and ready to occupy or lease immediately, the home also offers exciting potential to refurbish, extend, or redevelop the rear (STCA). Boasting three street frontages, the property provides exceptional flexibility for subdivision or future development (STCA). Ideally positioned within walking distance of both the vibrant Glenhuntly Road and Glen Eira Road shopping and dining precincts, and well-connected by nearby trams and multiple train stations along Brighton Road. Currently generating a solid rental return of approximately $7,000 per month, with vacant possession also available. Extended settlement terms will be considered.