Perfectly positioned behind a classic Victorian façade in the heart of Malvern, in one of the area's most coveted tree-lined streets, this charming period residence presents an exciting opportunity. Rich in character, it showcases beautiful period features including decorative ceiling rosettes, high ceilings & ornamental fireplaces. Comfortably liveable or rentable as is, it also offers outstanding scope to renovate, extend & create a contemporary family sanctuary (STCA). An enclosed front garden, covered porch & long arched hallway with polished timber floors welcome you. The flexible floorplan includes three generously proportioned carpeted bedrooms as well as the option of a fourth bedroom/additional living space with built-in cabinetry. The hallway culminates in an open plan living zone with sliding doors extending outdoors to a paved alfresco area & rear garden the perfect space for entertaining, relaxing in the sun or a modern extension (STCA). This light-filled space is served by a spacious timber kitchen with plenty of storage. Additional features include an updated central bathroom with shower & bath, ducted heating, split system heating/cooling, a laundry with additional bathroom at the rear, rear storage shed & off-street parking for one car. Ideally situated just moments from Malvern Public Gardens, a choice of transport options, a selection of highly regarded schools, Cabrini Hospital, the shops, cafes & restaurants of High Street & Glenferrie Road & Harold Holt Swim Centre.