Representing a rare opportunity to purchase a significant landholding in a prime lifestyle location in the leafy heritage surroundings of the coveted Grace Park Estate - close to premium schools, transport options, CBD access plus the popular Glenferrie Road boutiques, shops and cafes. This exceptional development site on two titles with a combined land area of 868sqm/9,340sqft approx in a quiet tree-lined street provides a much sought after chance for the new home builder to build a luxurious new residence or developers seeking a site capable of a multiple town residences (STCA). With north-south aspects and surrounded by quality real estate it has excellent capital growth prospects. The site is currently occupied by two houses, a 1930s brick period home in need of a total renovation and a two-storey family residence c1976, with three living areas, four bedrooms, kitchen plus upstairs kitchenette, two bathrooms, laundry, R/C air-conditioners (2) plus a terrace with stunning 180deg panorama and City skyline views. The site also features rear lane access to remote 3-car garage.