A rare opportunity in central Hillcrest, this extraordinary 4,047m² level property offers space, privacy and versatility in a location where opportunities like this seldom come along. The property comprises three separate buildings and is zoned 'Institution 2', offering an exciting range of permitted uses. It can be used as a private residence or for a variety of commercial and institutional purposes, including medical offices, health and beauty clinics, creches and educational establishments, with special consent allowing for additional uses such as a nursery, hotel, office, place of worship, restaurant, shop or retirement centre. The 527m² main residence is centred around a beautiful swimming pool, creating a wonderful private oasis. With an abundance of interconnected living spaces, the home has a unique sense of flow and scale. The entrance hall features an impressive curved staircase leading to an upstairs room with balconies overlooking both the front garden and pool—perfect as a study, art studio or pyjama lounge. Downstairs, spacious living and entertaining areas surround the pool, including a large lounge opening onto a covered verandah, bar, games/entertainment area and dining room. These flow seamlessly into the expansive kitchen and scullery. A separate lounge with a full bathroom opens directly onto the pool and could easily serve as a formal lounge, games room or additional guest space. The bedroom wing offers four bedrooms, two of which are en suite, as well as a family bathroom. There is a separate guest room with en suite on the kitchen side of the house which opens onto the courtyard. A double garage completes the main residence. Adding exceptional versatility are two separate dwellings. The 184m² second home offers two lounges, dining room, open-plan kitchen with breakfast nook, scullery, study area, two bedrooms including a spacious main en suite, family bathroom, single garage and its own fenced garden. The 96m² cottage provides open-plan living and kitchen space, one bedroom and a bathroom. The property could be enjoyed exactly as it stands, with the added benefit of two separate income-generating homes, or there is enormous potential to create additional accommodation or Airbnb units within the existing spaces. Alternatively, the property's zoning opens the door to a completely different future, whether commercial, educational, medical, hospitality or retirement-related. The direct access to Old Main Road is a standout advantage, providing excellent visibility and exposure to passing traffic while making the property exceptionally convenient to access. This adds further appeal for businesses, professional practices or other permitted uses looking to maximise their presence in central Hillcrest. This property is peaceful and private despite being just moments away from central Hillcrest, with its excellent schools, medical facilities, shopping centres, restaurants and everyday amenities close at hand. A truly unique property with incredible scale, income potential and possibilities limited only by your imagination. Your Hillcrest villa awaits...
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