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PRIME DEVELOPMENT OPPORTUNITY

A rare offering has hit the market in Kenmore presenting appeal to buyers looking for a worthwhile renovation project and astute developers alike.

With development approval for the land to be subdivided into three blocks, this original 1960's home sits on an enormous 1348sqm block and provides a solid foundation for the right visionary to revive this property to its former glory with generous sized bedrooms, large living areas and an adjoining granny flat with a separate entrance.

Set back from the street, the grand main entry to the house offers viewers the first glimpse of what this substantial residence once was and hints at the potential within. Left of the foyer, three oversized bedrooms occupy this space with the main bedroom including a private balcony with metal balustrades. On the other side, a large open plan kitchen has been designed as the central hub of the home with a breakfast bar, track lighting and a sizeable combined dining/sitting area. Adjacent this space, an enormous light filled lounge with exposed beams and brickwork makes a pleasant place to unwind while also offering enough scope to add an additional bedroom or rumpus area.

The undercover patio creates a lovely space to entertain or enjoy privacy outdoors and provides access to the adjoining granny flat including a bedroom, kitchenette and small study. Well configured to the rest of the home and with its own private entrance, this extra living space would be ideal for setting up a business from home making the proposition to renovate and restore even more attractive.

If you are more inclined to take advantage of the property's prime position just a short distance from local shops and schools and redevelop the lot, the block has already been approved for subdivision and could make a smart investment with three new builds in a sought after and convenient part of Kenmore.

With plenty of surrounding yard the existing property also includes a tandem double garage plus additional space for a workshop. Worth an inspection to explore the possibilities, bring your dreams and realise the full potential of this old beauty!

Call the team at 4069 Real Estate to arrange an inspection.

Additional Features and Details:

  • Air Conditioning
  • Garage spaces: 2
  • Study

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