Sale by: Expressions of interest

Offered for the first time in over 50 years, this substantial double-storey home is set proudly on a commanding corner block of approximately 648sqm, boasting a wide 21.2m frontage and valuable rear ROW access via Bank Street. It presents an exceptional opportunity for builders, developers, and savvy investors.
With scope for three street-facing townhouses (STCA), a multi-generational family renovation, or dual-income potential through its existing nine-bedroom, multi-living-zone layout, the possibilities here are as expansive as the block itself.
Ideally located in one of the inner north’s most connected and tightly held pockets, you’re walking distance to bus route #506, tram stop #1 & #19, and close to the local train station. With Barkly Square, IGA, Kmart, and the vibrant cafés, restaurants, and shops of Sydney Road and Lygon Street just around the corner—not to mention schools and parklands—you’re only 5km from the heart of the CBD.
Whether you’re ready to build, invest, or breathe new life into a classic, this versatile site lays the foundation for long-term success.

Property Information at a Glance

Construction & Land
• Land Size: 648m2 (approx.)
• Construction: Solid red brick
• Foundation: Strip footing
• Year Built: 1910 (approx.)

Investment Insight
• Estimated Rental Return: $1,250.00 - $1,500.00 per week (approx.)

Zoning & Planning
• Zoning: The City of Merri-bek - General Residential Zone - Schedule 1

Terms of Sale
• Deposit: 10%
• Settlement: Flexible –60/180 days

*All information about the property has been provided to Merri-bek Real Estate by third parties. While Merri-bek Real Estate strives for accuracy, we have not independently verified the information and do not warrant its accuracy or completeness. Interested parties are encouraged to conduct their own investigations and rely on their own inquiries in relation to this property.