Peacefully located in a quiet, leafy court, this family home sits on an impressive 953sqm (approx.) and offers great future potential development. With an approved planning permit from Monash Council, the property presents an exciting chance to build a brand-new luxury home. Meanwhile, the existing home continues to provide comfort and flexibility. The estimated rental return is $820 to $850 per week, making it an attractive investment option. The home includes 4 bedrooms, 2 bathrooms, and 2 car spaces. It features spacious formal living and dining areas, an open-plan kitchen with an adjoining family room, and large outdoor spaces, including paved entertaining areas and a separate storage/workshop. Additional features include polished timber floors, split system heating and cooling. Location highlights include being surrounded by garden and parkland and being within the Mount Waverley Primary and Secondary College school zones. This home is well-suited for families and offers easy access to cafés and shops, Mount Waverley Train Station, Sherwood Park, and a wide selection of top-tier schools. Don’t miss out on this unique opportunity to live, invest or rebuild in one of Mount Waverley’s most sought-after streets.