The embodiment of Victorian period elegance in a coveted inner urban locale, this charming residence proudly held by the same family since 1968 presents a remarkable opportunity to redefine classic proportions with a complete transformation, restoration, renovation and/or extension (STCA) within a lush garden setting for the next stage of its life. Its deep allotment with rear laneway access and parking behind a secure roller door and gate entrance to a separate studio/unit and garden, delivers many options for buyers. Boasting a grand elevated position, ornate classic features, iron fretwork, arched hallway, marble fireplaces, soaring ceiling heights and generous proportions introduce a flexible layout, comprising 3 bedrooms and living room/4th bedroom, main bedroom with ensuite, study, central kitchen, family room, bathroom and laundry. At the rear of the residence the garden leads up to a separate studio/home office/rumpus room with an outdoor powder room and secure gate access to laneway. The premium location offers a magnificent lifestyle with elite inner city connectivity, walk to trams, train and the Yarra River trail, cafes, dining, parks and shopping with easy access to every convenience and Melbourne's prestigious school belt.