Learn the lessons of the past, look to the rewards of the future, make history on this significant parcel of parkside land. Totalling approx 1186sqm opposite St Kilda Botanical Gardens, this substantial property offers the potential to create a landmark family home and the possibility of significant multi-home development (subject to Council Approval). Held by just one family since the middle of last century, this expansive landholding currently comprises a gracious 1930's solid brick home, a lesser second dwelling and a double garage on a rear boundary. *Please Note* OBrien Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property. Representing an increasing rare opportunity for substantial period renovation in the tightly-held Botanical Gardens precinct, this grand four bedroom residence will reward a sympathetic approach with an imposing timber-panelled entry, bay-windowed lounge, dining and bedrooms, and a rear sun-room. With a large well-positioned kitchen and terrazzo-floored bathroom in place, and fine period features ready to restore, there's potential to create one of the area's most substantial period beauties. Maybe even retain the existing brick out-buildings within your plans. Alternatively, develop within the context of a flexible Heritage overlay by incorporating the grandest portions of the main home into your plans. With neighbouring properties providing an inspiring template for heritage-friendly redevelopment, the property justifies a creative approach …and promises a readily-marketable project with a real point of difference. Whatever the plan, with the manicured open space of the Gardens out in front, the cafe society of Acland St and Carlisle St within easy reach, the CBD tram within one block, and sought-after primary and private schools close, your place in history is assured.