House for sale
24 Cecil Street,
5 2 4
$1,850,000 - $2,035,000
Dual income-investment, buy one, buy both. Almost 1500 sqm (approx) combined with approved plans & permitsA truly unique opportunity in a blissful tree-surrounded setting to purchase one or both of these side by side allotments. No. 24 is a large home leased as upstairs and a downstairs separate dwelling and No. 22 has a period style (No heritage overlay) home ready for removal. Set on an impressive 2 x 735 metre (approx.) blocks. Both parcels of land come with approved plans for two 4 bedroom luxury townhouses each, to fully capitalise on this blue ribbon location. The future is bright and investors will benefit from multiple rental incomes until you begin construction, while everyone will note the benefits of easy city commuting and proximity to an incredible selection of Melbourne’s finest private schools and Deepdene Primary School in the Kew High School zone. Currently comprising one large 5 bedrooms 2 bathroom home, or upstairs unit and a separate downstairs unit, the block is surrounded by exclusive homes - modern family-sized masterpieces, intelligent multi-residential redevelopments and beautifully preserved period homes all of which indicate the high regard in which this location is held. Clearly, this is a location to reward your vision. Upstairs, at 24 the 3 double bedroom unit is particularly spacious with a modern Bosch equipped kitchen/meals, a semi-attached dining and a lounge room, whilst downstairs a 2 bedroom unit also highlights a contemporary kitchen / meals / living. The backyards on both are particularly deep and there is a double carport as well as a garage and driveway parking. Both homes are more than presentable and suitable to be either lived-in or leased for as long as needed. But the most prosperous future is to simply complete the project for which the plans have already been approved. Both the planned townhouses have been carefully designed to offer remarkable space and substance to suit the discerning family market keen to secure a position in Kew’s prestigious heart. With 4 bedrooms each, a study, open-plan living with al fresco balconies and double garages, both residences can be customised to deliver exactly what the market demands. This is a family-friendly location of enduring market appeal in the highly coveted zone for Kew High School, nestled between Kew Junction and Camberwell Junction with easy access to Whitehorse Rd shops. Just metres from the Cotham Rd tram which opens-up the prospect of hassle-free city commuting, you will also value proximity to an impressive selection of Melbourne’s finest private schools.
Last updated: 03:59PM on Jul 9th 2019