Located in the heart of Elsternwick, this renovated Edwardian home on a large block of approx. 808m2 is close to the beach, Caulfield Grammar, Elwood High School, Caulfield & Elsternwick Private Hospitals, Parks, Elsternwick Golf Course and Elsternwick train station. Only 8kms from Melbourne's CBD, with tram, café restaurants and strip shopping on doorstep, this location shouts convenience at every turn. The extensive dwelling (500m2) comprises 2 living areas, 8 bedrooms, 4 bathrooms, 2 kitchens, sunroom, home office with separate entrance, private courtyard, single garage at rear and ample parking at front for 4 cars. Potential rental return of $8K pm for the savvy investor. With plans and permit for 17 boutique apartments, developers will find this an attractive offering that won't last long. Winner takes all.