Situated close to the Studley Park precinct on an impressive corner allotment of 796sqm approx. with a preferred northern rear aspect. “Compostella’s” Art Deco credentials presents an outstanding opportunity for renovators with vision and imagination to preserve period attributes whilst renovating and extending the home into the deep rear garden. Alternatively Developers will see the potential to build two luxurious town residences on the site with dual frontages (STCA). Buyers should also note the home, in excellent condition throughout could be occupied or leased on a temporary basis while a decision is made on its future with plans drawn up and approved.
The flexible interior currently features a wide entrance hall opening to a formal sitting room with adjacent dining room, two bedrooms, dual access family bathroom and a generous informal living room or third bedroom. Through to a stylish modern kitchen with timber cabinetry, Bosch, Blanco, Chef appliances and a WIP. Leading to a second bathroom and concealed laundry plus a sun drenched sunroom. The garden also has an external studio plus bathroom or home office. Other features include an alarm, Weather Wall air conditioner (informal living), ducted heating and cooling, garden storage and lock-up garage
The investment potential of the home is further enhanced by a quiet, lifestyle location close to the CBD, Kew Junction with the renowned Leo’s Fine Foods and Toscanos, cafes, restaurants and forthcoming Recreation Centre. Minutes from many of Melbourne’s finest schools, transport options, Victoria Gardens Complex and the Yarra River recreational parklands – a stylish oasis away from the vibrant inner city nearby. Due Diligence Checklist