23 Brighton Road St Kilda 3182 VIC
Develop, invest or renovate on the Boulevard
An occasion rarely offered in such a prestigious position, this unique proposition presents a magnificent Victorian, currently configured to create three distinct dwellings and with exceptional attention to be paid to its unrivalled future potential. Rare 15m street frontage and allotment dimensions approx. 53m deep (16.38m wide at rear) ensure that development is an enticing proposition (STCA), made even more tempting by views towards the iconic St Kilda Town Hall and such sought-after immediacy to both the Carlisle St and Acland St precincts. An estimated rental return of some $72,000 per year highlights the obvious investment value inherent in such a proposal.
The benefits of restoration, however, should not be overlooked, with extraordinary potential for the main residence's stunning five-bedroom/two-bathroom proportions to be returned to their former splendour. ROW to rear, with garaging for 3 cars and detached bungalow dwelling, delivers desirable dual access. Rarely is a property of such size and scope available in such a prized position as to enjoy nearness to every attraction of the area, including the Botanic Gardens, renowned eateries and cafes, Melbourne's premier entertainment precinct and all forms of transport. No heritage overlay. 800sqm approx.
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Real Estate For Sale in St Kilda, VIC 3182 priced between $1,200,000 and $2,300,000