Zoned R2 Residential Low Density. This freestanding Victorian Terrace is positioned in one of Marrickville’s premier streets on a dual access land parcel, presenting an enormous scope of opportunity to investors and home purchasers.

The property is currently being used as a shop and large residence. The residence consists of three generously proportioned upstairs bedrooms with separate lounge and dining areas located downstairs. As the property has residential zoning, it can easily be reconfigured/restored to its original form as an expansive Victorian residence.

There is a substantial rear sun-drenched grass yard which benefits from complete rear lane access to Johnston Lane. The yard can very comfortably provide parking for 4+ vehicles.

The property is to be offered on a vacant possession basis.

The property’s key features include:

*Classic Victorian character consisting of high patterned ceilings, decorative fireplaces, timber flooring and the original cast iron Victorian balcony;
*Substantial land parcel of approximately 360sqm which allows for parking for 4+ cars and open space;
*Large 8.5 metre frontage with rear lane access and additional side access;
*Three generous bedrooms, formal lounge/shop, separate formal dining and casual dining areas;
*Two kitchens, with rear kitchen flowing on to covered balcony for alfresco dining;
*Renovated upstairs bathroom with spa bath and separate shower;
*Laundry/WC and various storage areas; and
*All bedrooms have air-conditioning units and main bedroom has built-in wardrobes.

Subject to council approval, there is also the possibility to explore:

*Dual income potential;
*Development of rear yard;
*Commercial use

An inspection would be necessary to properly appreciate the potential of 16 Excelsior Parade Marrickville and its ideal location within the vibrant inner-west. Inspection times are set as follows:

Wednesdays 2:00 2:30pm and Saturdays 2:00 2:40pm

Please do not hesitate to contact Michael Xanthoudakis on 0417 264 754 or Steve Kremisis on 0414 818 317.