A coveted location in a sought-after pocket of Hawthorn East near Anderson Park underpins the outstanding opportunity this unique property presents. Developers or renovators will gladly snap up a chance to redevelop on this site spanning 781sqm approx. with the construction of a luxurious new family residence or dual town residences enhanced by a preferred northern rear aspect (STCA). Alternatively a sought-after opportunity for those with imagination and vision to take both existing brick semi-detached homes to the next level (STCA) - capitalizing on the potential future gains in this highly regarded area. Both homes were constructed in 1940 and share art deco features, similar period styling, layouts and accommodation in comfortable condition. Both are currently tenanted which could continue or they could be occupied whilst a decision is made and plans drawn up ahead of Council approval. Number 37 comprises an entrance foyer and hallway, polished timber floors, a living and dining room combined, three bedrooms, bathroom, modern kitchen and separate laundry. Leading to a deep, private rear garden with outdoor dining deck, an original garage and off-street parking. Number 37a comprises an entrance foyer and hallway, polished timber floors, living room, dining room/study, updated kitchen with stone bench tops and stainless steel appliances, two bedrooms, bathroom and separate laundry. Leading to a private rear garden, an original garage and off-street parking. The property is further enhanced by its location in an area with wide appeal close to Anderson or Fritz Holzer Parks, the Gardiner's Creek trails plus the Tooronga shopping complex or Camberwell Junction shopping, restaurants and Rivoli Cinema. With quick access to public transport options and many of Melbourne's finest schools including Auburn South Primary, Bialik College and the CBD via public transport or CityLink - all providing the great lifestyle benefits the area is renowned for. Land size: 781sqm approx.