This residence is strategically situated in a segment of Shaftesbury Parade characterised by its expansive streets and impressive homes. The area has seen substantial developer interest, resulting in the construction of townhouses that achieved record prices upon sale. An adjacent attached home serves as a tangible example of the property's untapped potential, showcasing a renovation and extension that transformed it into an impressive four-bedroom dwelling. Personally walking through that new build, it became evident that this property holds promise for a similar transformation.
Investing in this property is envisioned to yield future rewards, given its prime location, the value proposition it presents, and its close proximity to the beloved attractions of Thornbury and Northcote. Notably, developers have recognized the potential of this area, reinforcing the prospect of substantial returns on investment.
The existing floor plan, with the living space positioned behind the kitchen and dining area, may not be optimal. However, this presents an opportunity for a thoughtful redesign to enhance functionality and flow. Immediate attention is required for interior updates, including patching and painting, while the exterior demands some maintenance.
By addressing these aspects and tapping into the property's potential for renovation and extension, this residence could evolve into a highly desirable home in a sought-after location. As such, it stands as a promising opportunity for those looking to make a strategic investment in the thriving Thornbury and Northcote neighbourhoods.
- One of the best streets in Thornbury
- Northern rear garden orientation
- Comfortable home to move into and add value in the future
- Semi-detatched porperty
- There are areas in the property that need immediate manintenance attention
- Off street parking only from the ROW
Buyers Agent
