Discover a contemporary four-bedroom home where modern elegance meets exceptional potential, catering to growing families and savvy investors. Positioned on a generous 662sqm (approx.) allotment, this property also presents an outstanding opportunity for future development in this highly sought-after neighborhood (STCA). Impeccably presented, the inviting interior features a formal lounge adorned with polished timber floorboards and bathed in natural light streaming through the striking bay windows. This leads to a spacious dining area seamlessly connected to a sleek, well-equipped kitchen boasting ample bench space and modern stainless steel appliances. Step outside to explore an expansive undercover alfresco area and a magnificent backyard, providing ample space for gardening, a children's playground, and a secure double garage. All four bedrooms boast built-in robes, while the light-filled Master bedroom includes walk-in robes and an ensuite that has been expertly renovated with a touch of modern elegance, just like the spacious main bathroom. Upstairs, a tranquil balcony overlooks adjacent parklands, while a versatile multi-purpose space awaits - perfect for creating a family hub, private retreat, home gym or theatre. Nestled in a prime location near the picturesque Yarra River and its parklands, this property is perfectly positioned within minutes of Bulleen Plaza, Macedon Square, Templestowe Village, Westfield Shopping town, the Eastern Freeway, and reputable schools. Currently leased for $625 per week with a lease term until September 2024. Whether you're seeking a thriving family home, a solid investment, or an exceptional development opportunity (STCA), this remarkable property has it all.