A prestigious dress-circle position directly opposite Princes Park is the blue-chip, city-edge setting of this magnificent balcony terrace showcasing a luxuriously-redefined, 3-level interior backed by a sun-drenched swimming pool oasis and a separate annexe with secure garaging, a versatile basement and a stylish self-contained apartment. Behind its grand tuckpointed Hawthorn brick façade with lacework-fringed balcony and tessellated tiled veranda, this beautiful Victorian c1882 commands an uninterrupted vista over the park's leafy expanses and is impressively introduced by a wide entrance hallway and an elegant sitting room with designer lighting and a marble fireplace. Superbly arranged across the upper levels, accommodation comprises of 3 oversized deluxe bedrooms where each enjoys their own marble-finished ensuite, air-conditioning and built-in robes while a sophisticated main suite opening to the balcony is also highlighted by an open fireplace, ornate ceiling, custom joinery and a sky-lit walk-in dressing zone. Crowning the home is a huge top-floor retreat with a high gabled ceiling, Velux skylights, fitted desk and shelving that offers exceptional flexibility as an executive study or lounge capturing elevated easterly views. Further on the ground-floor lies a lavish family bathroom with a Victoria+Albert freestanding bath and a full-size separate laundry, while opening out to the rear is an architecturally striking domain. Launched by a breathtaking Carrara marble kitchen with a waterfall island, Miele wall oven, Electrolux induction cooktop and integrated dishwashers, extensive custom cabinetry and honed bluestone flooring seamlessly link adjoining dining and living spaces culminating with full-height sliding doors. A perfectly-composed alfresco setting unfolds beyond with a fully-paved courtyard designed for secluded, sun-soaked family enjoyment featuring a built-in BBQ kitchen and a mosaic-tiled swimming pool with a swim-out ledge and solar heating. Securely accessed via the rear laneway with a remote-control garage, a separately situated and substantial 3-level rear wing delivers exceptional versatility with a vast basement-style space suited to gym, cellar, workshop or creative use, while sitting above is a large self-contained apartment that's ideal for guests, extended family, professional use or independent income potential. Additional features include reverse-cycle heating and cooling, video intercom, CCTV surveillance, alarm and plantation shutters. An unrivalled opportunity to secure an impeccably-renovated luxury Victorian immediately overlooking Princes Park, this stunning family residence is enviably located in an exclusive lifestyle precinct, just moments from Princes Hill Primary and Secondary College, Rathdowne Village and Lygon Street cafes, restaurants and shopping, the University of Melbourne, major hospitals, Melbourne Zoo, city- bound trams, the CBD and Melbourne's celebrated sporting and arts precincts.