36 Argus Street, Cheltenham, VIC 3192

Positioned on a prized north-facing corner of approximately 642sqm, this impressive five-bedroom, two-bathroom residence presents an exceptional opportunity in a highly sought-after, family-friendly pocket. Surrounded by established gardens and enjoying an abundance of natural light, the home combines timeless character with generous proportions, versatile accommodation and an enviable connection to the outdoors. A great opportunity to add value to the property.

Designed with flexibility in mind, the spacious interiors offer an ideal environment for growing families or those seeking the convenience of multi-generational living. A generous living room, highlighted by a gas fireplace and opening directly to a covered alfresco deck and expansive backyard, provides an inviting space to relax and entertain. The adjoining main kitchen and meals area are equally well proportioned, with plenty of natural light and ample storage.

Three bedrooms, a central bathroom and separate WC are thoughtfully positioned on the ground floor. Upstairs, a separately configured living zone provides exceptional versatility, comprising two bedrooms, a bathroom and its own fully equipped kitchen. This self-contained upper level offers genuine independence and separation, making it ideal for extended family, teenagers, guests or those seeking additional accommodation with its own kitchen facilities.

A long list of existing features includes ducted heating, split-system air conditioning, a large laundry, built-in robes and a double garage, ensuring the home is well equipped for immediate enjoyment. Held by the same family for almost 50 years, the property also presents exciting scope to renovate, extend or potentially rebuild (STCA), offering the rare combination of a substantial existing home and significant future potential.

Its exceptional position places Southland Shopping Centre virtually at your doorstep, while trains, buses, the Nepean Highway and a selection of respected schools, including Le Page Primary School and Cheltenham Secondary College, are all conveniently close by.

A substantial home, generous corner allotment and outstanding location combine to create a rare opportunity with exceptional flexibility — offering the space and separation to accommodate a variety of family needs today, together with the potential to further enhance or transform the property for tomorrow.