139 Park Road, Cheltenham, Vic 3192

Opportunities like this one come along so rarely, that this property deserves your attention. This home has been in the same family since new and has been lovingly maintained and looked after since 1954.
Brimming with classic charm, this 3 bedroom family home is made complete with 2 fireplaces and has been updated over the years with modern kitchen appliances and boasts ducted heating, evaporative cooling, and R/C split system. As a beautiful example of 50's design and architecture, the home has a second shower and even includes the original sewing room, which could be easily used as a study, additional storage or even converted to more robe space for the adjoining bedroom.
Enjoying a fantastic north facing rear garden, the hardest decision will be to keep it and renovate further, simply rent it out as is, or redevelop the site STCA. With the council decision to rezone the area to the suburb of Pennydale, looking more and more likely, this property could also suit the savvy investor looking to capitalise on what is shaping to create the smallest and therefore most exclusive suburb in Melbourne.
The property is located directly opposite Cheltenham Park and within walking distance of the Victoria & Cheltenham Golf Clubs. Another bonus is the recent decision to remove the Cheltenham level crossing and put the train line and station underground, which will greatly improve the immediate vicinity. So if you're looking for close proximity to parks, golf clubs, train station, local schools and Southland shops, then this home is a must see.