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49 Mitchell Street, Northcote VIC 3070

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Exciting Corner Block Opportunity with Desirable Dual Street Frontage

Tightly held by the current owners for 52 years, this treasured Edwardian brick home (with coveted Northcote High School zoning) is packed with potential to profit and ready for an exciting makeover. Situated on a desirable 485m2 corner allotment, savvy investors, developers, and families with vision will understand this rare opportunity to re-build or re-develop (STCA) in trendy inner-suburban Northcote, just eight kms from the CBD and an easy walk to bustling High Street with its vibrant cafe culture, city-bound trams and delectable array of eateries.

The existing residence boasts high ceilings for a light, spacious feel, where the living area (with split system cooling/heating) flows into the adjacent meals/family area and original kitchen with gas cooking and Bosch dishwasher. Featuring three generously proportioned bedrooms serviced by a central bathroom with both bath and shower, plus a separate toilet and family laundry. Outside, the rear veranda overlooks a huge fully fenced backyard, set for the most ambitious re-development plans (STCA) featuring a lock-up garage and large shed with highly sought-after roller door access from Lennox Street, plus an extra kitchen, additional bathroom facilities, and plenty of roof storage.

Loaded with potential and ready to maximise your development goals, this coveted corner block won't last long in its enviable Northcote location, oh-so close to the conveniences and lifestyle High Street invites and minutes from the CBD. Endless potential on offer!

All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code with the Service Victoria app. We appreciate your assistance.

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Property Sold

Sold 26/02/2022 $2,425,000


Northcote

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