7 Ashley Street, Reservoir VIC 3073

SOLD by Miles Real Estate. A ground-breaking opportunity on a vast expanse of land measuring over 1000m2, this long-held property stands as a rare reminder of the area's original streetscape while presenting extraordinary prospects for perfection in the future.

Spanning an exceptionally deep block with rear right-of-way access, the scale of this remarkable site unlocks boundless possibilities whether renovating and extending the existing home, building a bespoke new dream domain or embracing the area's rewarding trend of multi-unit redevelopment (STCA).

A red brick double-fronted façade with Victorian origins reveals a comfortable mid-century interior with high ceilings and vintage appeal that offers a flexible floorplan of two bedrooms, living room, large kitchen/meals area, versatile rear study and a bathroom.

The undeniable attraction of this enticing property is its 1007m2 dimensions (approx) where beyond a paved courtyard and a garage/workshop lies a sprawling backyard that was once a flourishing gardener's orchard flanked by fruit trees, outbuildings and an elongated driveway that reaches the rear laneway.

An unsurpassed blank canvas for developers, builders and homeowners alike, this substantial landholding in a prime inner-city position where the future is bright delivers significant potential for a grand residence or a stunning multi-townhouse project near cafes, supermarkets, shopping on Broadway, Reservoir train station, schools and Edwardes Lake Park.