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49 Derring Lane

Cheltenham, VIC 3192, Australia
$1.19m
4 bed 2 bath 2 car

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Area Price Guide
$1.12m$1.26m

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76
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$995,000
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+20%
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Today
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About this property

Nestled within one of Cheltenham's most peaceful and tightly held pockets and overlooking parkland, this architecturally designed residence delivers an exceptional combination of contemporary style, generous proportions and family-focused functionality. Defined by its striking modern façade and expansive interiors, the home has been thoughtfully designed to accommodate growing families while maintaining an effortless sense of luxury. Warm Tassie Oak timber floors, abundant natural light and a flowing floor plan create an inviting atmosphere from the moment you step inside. The ground floor centres around a vast open-plan living, dining and kitchen domain, creating the perfect environment for both everyday family life and large-scale entertaining. A feature gas fireplace adds warmth and ambience, while the gourmet kitchen impresses with stone granite bench-tops, quality appliances, extensive storage, a walk-in pantry and oversized island bench that naturally becomes the heart of the home. Seamless indoor-outdoor integration is achieved through large glass doors opening out to a private alfresco terrace surrounded by established gardens, water feature and mature greenery, providing a tranquil setting for entertaining throughout the seasons. Designed with flexibility in mind, the home offers four spacious bedrooms, including a versatile ground-floor bedroom ideal for guests, teenagers, a home office or multi-generational living. Upstairs, a generous retreat provides a second living zone, perfectly suited as a family lounge, children's rumpus or work-from-home space. The luxurious master suite is a true sanctuary, boasting impressive proportions, a walk-in robe, stylish ensuite and private balcony retreat. Two additional generous upstairs bedrooms each enjoy their own walk-in robes and are serviced by a contemporary family bathroom complete with a relaxing spa bath. Further highlights include a dedicated study nook, powder room, full laundry, refrigerated heating and cooling (2 zones, quality finishes throughout and a secure garage with internal access. Positioned at the end of a no through road, next to parkland, within easy reach of quality schools, transport options, Southland Shopping Centre and the stunning Bayside coastline, this impressive residence presents a rare opportunity to secure a sophisticated family home in a highly sought-after Cheltenham location.

Property Features

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    Repayment calculator

    $5,769/month
    $2,885 /fortnight
    Loan $952,000 at 6.10% over 30 years

    Upfront costs

    Deposit$238,000
    Stamp duty$65,450
    Conveyancing (est.)$2,000
    Total upfront$305,450
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Listed
    Today

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