84 - 86 Walter Street, Ascot Vale VIC 3032

In a premier location, a short walk from the Maribyrnong river park lands, walk ways, Union Road shops, cafes, restaurants and transport options, these exceptional two blocks include pending plans and permits (STCA) for the construction of 8 prestige townhouses with basement parking. The original homes currently occupying the land is a stately red brick residence with much of its period character intact and extended over time. It comprises of 3 bedrooms, formal living and dining rooms, a large open kitchen and expansive family room. Next door the weatherboard home is an original 2/3 bedroom, central lounge, kitchen, bathroom in restorable condition.

An outstanding opportunity for redevelopment in a superior setting.

* Plans and Permits for 8 townhouses (STCA)

* Expansive 1,540sqm (approx.) site

* Original character-filled homes

* Timber floors, period joinery, ceilings and cornices

Rarely does two homes of this size with exceptional investment potential become available.

Terms: 10% deposit, balance 45/60 days