These two homes have been ideal for their families but developers will see the potential to capitalize on their prime location. With a combined land area of 1307sqm approx, this allotment provides a unique development opportunity.
The magnificent original Edwardian home comes with an abundance of opportunities as either a family home which has been restored to represent the magnificent finishes of homes of the early 1900′s, or as a potential development site; ideally suited to multi storey apartments, capitalising on the benefits of a prime corner location in Blackburn’s new booming high density strip. The home offers fantastic rental income opportunities while you work on plans for development.
Hidden behind a picket fence, the character of this home immediately shines through, reflecting on the yesteryear and the quality of craftsmanship, so often hidden in these homes. The current owners have added to the original home, paying particular attention on natural light and character throughout. With a westerly facing rear yard, the kitchen, finished in vinyl wrap, stainless steel appliances and a massive walk in pantry, is a perfect sanctuary for a late afternoon gathering, inside or out, under the covered pergola area, enjoying the influence of a traditional English garden. The home has three bedrooms with build in robes, the master complete with a full ensuite, a fourth bedroom or study, a cosy formal lounge is centrally located with a potential fire place, and an open, light filled family room at the rear of the property. The original front section of the home still features the charm of 11 foot ceilings, picture rails and ceiling roses, and the best feature, original timber flooring. Air-conditioning and ducted heating has not been missed, nor has the detail and thought to the outdoors. Space and entertainment for the children has been thoughtfully considered. The owners have built a large studio out the back, which is complete with its own bathroom, kitchenette and private courtyard, and is currently generating a decent rental income.
Parking for the property can be accessed via the side lane or by Station street.
Developers, you have a rare opportunity to take advantage of with this sensational piece of real estate. Until such a time building is ready to take off, there are two lots of rental incomes to be generated in the meantime. A location in high demand and already focusing on development, your investment is set to soar, and profit to be made!
Contact:
Mark Brilliant: 0450 101 955
Alphie Wong: 0429 960 029