738 Barkly St, West Footscray VIC

PERFECTION – BOTH PERIOD AND PRESENT, OR RE-DEVELOP

This property is currently not available.

The Home:

Upon entry to this opulent residence, you immediately feel at home with period elegance meeting modern excellence. With an abundance of art deco features throughout from ceiling roses to lighting to bathroom tiling, this 3-bedroom property just keeps delivering. Lovingly renovated by the current owners who have lived in the home for over 30 years, all you need to do is move in and make it your own.

Be welcomed by an entry foyer with a generous living room on the left which is adorned with your first taste of the high ceilings with their glorious ceiling roses and wall sconces. Move through to the open plan kitchen and meals area which is elegant yet functional and onto the huge family room which is second to none with its gabled ceiling and built-in greenhouse window allowing beautiful natural light to enter the spacious area. The family room flows out onto a relaxing back deck over-looking the rear landscaped yard. A large formal dining room is off the kitchen.

Add to this a master bedroom with BIR and romantic bay window, plus two additional double bedrooms both with BIRs, a full central bathroom, full laundry, and powder room completes this impressive home. The paved long driveway leads to a single car garage, with ample room for several cars in the driveway.

Special features of this unique home include:

– Ducted heating and ducted evaporative cooling in both living areas and in bedrooms.
– Charming fire place featured in the formal lounge room
– Stained natural timber floors in the living areas, and plush carpets in the bedrooms
– Stained natural timber doors and architraves

The Development Opportunity:

Explore the options:
– Two neighbouring sites totalling approx. 1611.9m2 of land giving a rare opportunity for development less than 9kms to the CBD in the booming inner west; or
– Purchase one opulent residence on approx. 813m2 block with and elegant period family home delightfully renovated.
The owners of these two approx. 800m2 blocks have joined together to present this development opportunity of approx. 1611.9m2 suitable for a townhouse or apartment development. Note a previous buyer had plans for 18 units to be built but did not proceed due to Covid 19 outbreak. This is an opportunity that offers all the upside of similar developments in comparably located inner suburbs to the north, east and south-east without their higher buy-ins, or competition on re-sales.

The Location:

Surrounded by the inner city conveniences – minutes’ walk from local shops, cafes, restaurants and bars of bustling Barkly Village, supermarkets and larger retailers in Central West Plaza, Gaudion Reserve, and government or catholic schools. Well served by Tottenham Station, six stops to the city loop, or bus stops along Barkly St running to the city via central Footscray.

Please call Brenda Ngan on 0435152545 to arrange an invitation to view this property, or discuss the development opportunity