Yes, families matter and if you'd love to have Mum & Dad live close by, this is the perfect property for you. Elegant, immaculately maintained, 1940's character home of generous proportions & a stylish, straight from the pages of a magazine, substantial guest house both positioned on a safe and secure 898m2 flat section. Fully fenced & gated. Surrounded by mature trees and beautifully landscaped gardens, the main house offers 4 bedrooms & 2 bathrooms. Its traditional layout with well-defined living spaces and easy flow from end to end and outdoors will work exceptionally well for today's busy life & entertaining. The guest accommodation with its XXL living area and bathroom on the ground level & high studded, luxurious bedroom on the top floor would be ideal for two generations living independently or pay off the mortgage by utilising it as a bed & breakfast, Air bnb, art studio or professional rooms, the options are many. A large, fully lined, double garage as well as plenty of off-street parking for the boat or caravan will complete the lifestyle property picture. The property is zoned for Terraced Housing & Apartment Buildings and provides a stunning future land bank. Brilliantly located within walking distance to the Peninsula Township, supermarket, community centre & library. Coastal walkway and public transport are across the road and only minutes to North & South motorway access and a short drive to the CBD & airport. A remarkable opportunity!