23 Irene Court, Cheltenham, VIC, 3192, Australia

Set in a quiet, family-friendly court location, 23 Irene Court, Cheltenham presents a rare, unique and exciting opportunity with two separate residences on one title across a generous 622sqm (approx) allotment. Whether you're seeking a multi-generational living setup, a dual-income investment, or a clever way to live in one and lease the other, this property offers ultimate flexibility in a central Cheltenham location.

Each home includes its own single carport and access via a shared driveway, with clearly defined, front and rear outdoor spaces.

Unit One, positioned at the front, enjoys a large secure front yard, three bedrooms, spacious entrance, and a functional floorplan. A sunlit lounge connects via sliding doors to the open-plan kitchen and meals area, and a wide hallway links all key zones. With hardwood flooring, high ceilings, ducted heating, an air conditioner and LED downlights, this home has been well maintained with a sense of classic comfort. Additional features include a large laundry, separate WC, and a rear patio for outdoor relaxation.

Unit Two, set at the rear, offers surprising privacy and space with its own large courtyard patio, ideal for entertaining. The layout includes two bedrooms, a central bathroom, separate WC, ducted heating and a full laundry that also serves as the only access to the rear yard. Inside, the open-plan kitchen and dining area flows into the main living space fitted with an air conditioner. Features include carpet in the bedrooms, lounge and dining, tiled flooring in the kitchen, laminate benchtops, ducted heating, and LED downlights.

Both homes are move-in ready and present in solid, liveable condition, perfect for immediate occupancy or rental without the need for updates unless personally desired.

Located in the heart of Cheltenham, this exceptional property is just a short walk to Cheltenham East Primary, Kingston Heath Primary and Le Page Park, and only minutes from Mentone Village, Mentone Station, Mentone Grammar, DFO Moorabbin, Moorabbin Airport, Thrift Park, and Southland Shopping Centre.

Whether you're looking to invest, nest or support a family under one roof with independence and space, this is a rare opportunity you won't want to miss.

Estimated Rental Return: Unit 1: $480-$500 per week
Unit 2: $450-$480 per week

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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