1 Gray Court, Beaumaris, Vic 3193

Step back in time and look to the future at an iconic address! The first home to be built on Gray Crt (and home to the resident who preserved the Court's unique central reserve), this "gateway" corner property is offered for the first time in 67 years. An historic opportunity to develop, build or renovate, this prime corner site looks to the future with around 7475sft/694sqm land and an immaculate c,1947 brick home. Make history on this well-proportioned site with a brand new home or two (subject to Council Approval) and capture possible bay views while you capitalise on demand for prestige beachside living.

But don't overlook the value in this substantial cream brick beauty. Home to the same family since the early days, this three bedroom home is a time-capsule of the era with every late-period feature intact. Designed for views to lush established gardens at every turn, with a wide picture window overlooking a stone-paved front terrace and a French door from a second living room to the rear, this home retains a substantial stone fireplace, lofty deep-corniced ceilings and original cabinetry including robes and built-in desks. With original banquette seating beside the woodfire in the eat-in kitchen and a pure vintage bathroom, this original beauty offers exceptional potential to upgrade, extend and step up to maximise future value while honouring the past.

At the very least, with ducted heating, cooling, an alarm and side-access auto-garage, this charming and comfortable home will pay its way while you make plans for this beachside location between MacDonald Reserve and Ricketts Point. For more information about this blue-chip corner property contact Romana Altman