15 Peter Budge Avenue, Templestowe, Vic 3106

A wealth of space, an endless stream of sunlight and a flexible floorplan defines this expansive four-bedroom family home, which offers an exciting family upgrade inside the coveted Serpell Primary School and East Doncaster Secondary College catchment areas.

Set across two radiant levels on a sizeable 648sqm (approx.) amidst beautiful verdant surrounds, the home's generous collection of three separate living areas, four spacious bedrooms and three excellent bathrooms means there's plenty of room for your growing family to thrive. Presented with plans and permits for two townhouses and a permit to subdivide the block with two separate titles, a five-star development opportunity also beckons.

Soak up the tranquil views from the large balcony as you dine or unwind, then head back into the open-plan living area that instantly appeals with its generous proportions, abundance of natural light and superb timber kitchen with stainless steel appliances.

The L-shaped lounge/dining area on entry presents another peaceful space to escape and unwind, as does the versatile rumpus room downstairs, which can function as a third living space or accommodation quarters for the privacy-craving teenager or extended family members given the presence of a kitchenette, bathroom and direct access to an all-seasons entertaining area. And given that it's totally independent, there's also scope to lease it out and generate a passive income stream.

A master ensuite and stylishly renovated family bathroom that inspires relaxation comfortably service the four large bedrooms (master bedroom with walk-in robe and retreat/study), while this fabulous family discovery also boasts a secure double garage, landscaped gardens, ducted heating and evaporative cooling.

Footsteps to The Grange Reserve, your growing family will also enjoy swift access to St Charles Borromeo Catholic Primary School, Westfield Shoppingtown, bus transport, Ruffey Lake Park and the Eastern Freeway.