31-33 Haughton Parade, Rosanna, VIC, 3084, Australia

You could best describe such an exclusive property as a golden ticket. It's that once-in-a-generation sale that unearths exceptional prospects for redevelopment (STCA) from a panoramic 1324sqms (approx.) corner which rises over Rosanna's heartland to take in sweeping mountain views of both Mount Macedon and The Dandenong Ranges.

Cherished by its previous family for almost 50 years, this mid-century classic presents keen renovators with a beautiful blueprint to reimagine – detailed by high ceilings, hardwood flooring, and a showpiece slate feature wall in the lounge room. The vintage home sits towards the back of the high rising 1324sqms (approx.) corner block, just across from four new town homes redefining the top end of Haughton Parade and its elevation over Melbourne's fringe of mountains to the north and the east.

Wide 55m (approx.) frontage across Banyule Rd and 28m (approx.) along Haughton Parade offers scope for new town homes just up from Greville Rd village shops catering to both first home buyers and downsizers wanting to take advantage of this spectacular position just 1km from Rosanna train station, close to the esteemed Austin Hospital, Warringal Shopping Centre, Burgundy Rd restaurant strip, with the bus to Northland Shopping Centre just out front, and just 16km from Melbourne's CBD. The near level corner faces Banyule Primary and has you in easy reach of La Trobe University, prestigious Ivanhoe Grammar and Our Lady of Mercy College, as well as the Rosanna Golf Course, and a swathe of beautiful parkland along the Yarra River that has appealed to so many long-standing residents of the north-east.