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Set in an idyllic riverside pocket of Newtown, this unique property offers great investment options, or an opportunity for large or close knit extended family to co-inhabit in this leafy cul-de-sac
The main property comprises a character filled, 3 bedroom and study PLUS 2 self-contained, 2 bedroom units. Allotment of 883m2 with dual frontages; the home is accessed via Ardlui Drive and the units via Ballater Ave.
MAIN RESIDENCE
Recently updated throughout, the main home offers a warm and charming residence, with the indoors enjoying enviable garden views which invite you to enjoy the idyllic area.
The lounge is light-filled, yet cosy with built-in gas fire. French Provincial-style kitchen cabinetry offers fabulous storage, new stainless steel appliances including; a 900mm electric cooker with gas cook top, dishwasher and range hood. A sunny west facing balcony flows from the meals area, and offers magnificent views of the river and surrounding area. Master bedroom offers a walk-in robe and ensuite shower room. A further two bright and airy bedrooms have built-in robes and the study could alternatively be used as a nursery/4th bedroom. The main bathroom offers high-end comfort with porcelain tiles, bath and shower. The separate laundry and toilet complete the floor plan. A split system heat/cool services the dining and kitchen area.
A tandem garage with massive workshop and storeroom are tucked neatly under the house, offering the option to further enhance the size of the dwelling by renovating.
UNITS
The 2 bedroom brick units, which are currently tenanted, feature open living space with good parking bay.
There are multiple viable investment scenarios here; collect rent from all 3 dwellings, sub-divide the home and units (STCA) and sell individually, occupy the home and lease the units, or redevelop the site utilising both street frontages (STCA).
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This diverse property is particularly rare and presents as a great opportunity to capitalise in the sought-after Newtown market.
Set in an idyllic riverside pocket of Newtown, this unique property offers great investment options, or an opportunity for large or close knit extended family to co-inhabit in this leafy cul-de-sac
The main property comprises a character filled, 3 bedroom and study PLUS 2 self-contained, 2 bedroom units. Allotment of 883m2 with dual frontages; the home is accessed via Ardlui Drive and the units via Ballater Ave.
MAIN RESIDENCE
Recently updated throughout, the main home offers a warm
...357 Pakington Street, Newtown VIC 3220
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