1-3/35 Emerald Street,
Essendon West
Reserve Price $950,000
8
3
3
809
Sqm
Block of Units
Unpolished Gem on Emerald Street
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Attention creative developers! What do you say to a whopping 809sqm (approx.) opportunity in the best of Essendon West?
Centrally located in a highly connected hub, this sought after address is close to St Bernard’s College and PEGS, Buckley Street bus lines, numerous cafes, lush Avondale Heights parkland and the Maribyrnong River.
Currently featuring three units on one title generating around $4975 calendar monthly, the allotment also boasts an extended backyard area, with scope to create paved off-street parking or a communal garden area.
Unit 1 and 2 both feature three bedrooms, bathroom, open lounge/meals and kitchen alcoves, with Unit 3 offering separate lounge, larger kitchen/meals, two bedrooms (BIR’s) and bathroom. All provide electric wall panel heating and share an external laundry room.
There’s no escaping the fact that all three will require judicious refurbishment, but the potential to create something fresh and modern offers a winning drawcard for multi-residence development or a single dream family property surrounded by inner suburban lifestyle attractions (STCA).
