On offer is this exceptional opportunity for buyers or investors to secure a large traditional property and capitalise on its many possibilities. Located in the exclusive Appian Way precinct on a super large 1,050sqm landholding, this freestanding Federation home presents a unique prospect with a big future. It is currently configured as a large family residence and two self-contained one-bedroom apartments with great income earning potential but could possibly be updated, extended or converted back into a grand family home.
Presented in good solid condition with many retained period details, the home occupies an extra-wide block with almost 19m street frontage and an expansive level backyard. The main residence features generous interiors with high ornate ceilings and decorative features and a new kitchen, plus there are two renovated apartments with their own private entrance. There is also a large double garage and off-street parking for multiple vehicles.
The property holds excellent future potential to create a grand family residence in a great locale walking distance to some of the area’s quality schools, parklands and trains, less than 20 minutes to the CBD.
|R&H Suburb Summary||Houses|
|Number of sales||28|
|Median Rental Price||$700 p.w.|
|Change in Rental Rate (5yr)||8 %|
|R&H Suburb Summary||Units|
|Number of sales||188|
|Median Rental Price||$580 p.w.|
|Change in Rental Rate (5yr)||12 %|