5 Bedroom House for sale in Glenwood

This beautiful double ERF (2179m2)a largely level plot, well located in upper Glenwood, is ripe for development with two street frontages. A stylish family home already a substantial income generator with 5 bedrooms and 4 bathrooms, currently configured into a number of apartments, with options for more, is spread over two spacious floors. In all there are 3 kitchens, 3 open plan lounge dining rooms and 5 bedrooms. There is also a separate spacious 1 bedroom cottage with en-suite bathroom, a kitchen and living room on the property. The impressive grounds offer many development opportunities as the size of the plot allows for sub-division. The architect owners have a land survey and drawings for a town-house and or a medical suite development. This Spanish Revival style home, evocative of LA in the early 1920's, is full of many charming features including terrazzo floors. There is a large swimming pool and out buildings, originally intended as changing rooms for bathers, also ripe for conversion. There is ample off street parking and a very generous sized double lock up garage. The sky is the limit, this property offers a great deal.