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36 Royal Avenue, Essendon North

Auction: Saturday 02 November 10:00 AM

$1,600,000 - $1,750,000

Potential-Packed Land Holding with Three Residences

Its surrounds adored for their family atmosphere immediacy to lifestyle attractions, this truly rare combination of three distinct residences and a vast 1174sqm (approx.) land holding offers a range of investment and multi-dwelling possibilities.

With the option to immediately rent out and attract three separate passive incomes, the expansive parcel sees two standalone homes complement the original c1936 Californian Bungalow, extended c1980 and enjoyed by the same family ever since. A pair of large, lower bedrooms are accompanied by a quiet lounge, open family/dining area, and kitchen relishing vivid garden outlooks, while a sun-soaked second storey sees two scenic balconies flank a substantial studio/third bedroom with bathroom.

• Large-block rarity (1174sqm approx.) with three distinct residences
• Scope to attract three rental incomes and redevelop in future*
• Three-bedroom front home, two-bedroom middle unit, and three-bedroom rear residence
• Heating/cooling, a storage-rich kitchen, full-size laundry, and living area to each
• Steps to DFO, Keilor Road, North Essendon Village, schools, parks, and city trams

Centred around the block's lush yard, a two-bedroom middle unit and three-bedroom back residence promise instant comfort for tenants or visiting family. With reverse-cycle heating/cooling, a storage-rich kitchen, full-size laundry, and considerable living/dining area enhancing each home, opportunity exists to replicate countless developments in its vicinity, with a 19.8m frontage and 60.6m depth offering ample room for several luxury townhomes.*

Its array of potential uses seldom seen in exclusive Essendon North, the large-block rarity sits a short stroll from DFO, North Essendon, and Keilor Road shops, cafés, and restaurants, city-bound trams, numerous buses, and Woodlands Park, with Buckley Park ovals, revered schools, and CityLink all close by.

* All potential uses of the parcel and/or dwellings are subject to council approval.


Listed by

agent

Andrew Butler

0417 535 891

[email protected]


Location Map


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  Statement Of Information


Inspection Times

Sat 19 Oct 12:45 PM - 1:15 PM

Wed 23 Oct 5:45 PM - 6:15 PM

Sat 26 Oct 12:30 PM - 1:00 PM

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