Prime Corner Holding - Two Titles & One Rare Opportunity
SOLD By Miles Real Estate.
On the prominent corner of Ford Street and Stortford Avenue, this exceptional dual-residence property on two separate titles offered together as one presents a remarkably rare combination of lifestyle, income and redevelopment potential in a highly-prized parkland pocket of blue-ribbon Ivanhoe.
A unique two-in-one opportunity with broad appeal for homeowners, investors, builders and developers alike, these two separate yet adjoining residences on a combined north-facing rear 479m2 allotment (approx) provide enormous flexibility for an immensely rewarding future no matter which direction they go.
It all begins with a compelling street presence where the attractive shopfront at 127B, previously home to a health and wellbeing business, introduces a reception area (built-in desk with CCTV surveillance monitoring) leading to two consulting rooms with a powder room and wet area/storage that are easily adapted as living spaces or bedrooms.
Behind is a stylishly renovated single-level residence where an open-plan living and dining room flows to a superb kitchen with a timber-topped island bench that's appointed with a Bosch oven and dishwasher and an ASKO gas cooktop.
Further are two generous bedrooms with built-in robes, a beautifully-crafted bathroom with floor-to-ceiling travertine tiling, frameless walk-in shower and underfloor heating, and a full laundry, while features include ceiling fans and polished floorboards.
Heading 127A with separate Stortford Avenue entry is a huge renovated studio with split-system heating/cooling, wet areas and biometric security entrance, while at the rear is an unrenovated series of bedrooms and a bathroom awaiting fresh new ideas.
The north-facing backyard is sunny and secluded featuring a large entertainment terrace and a BBQ area amid garden greenery with vegie beds, as well as a sliding gate for secure off-street parking.
The options here are nothing less than extraordinary. Live in or rent out one while renovating the other, create another successful live/work arrangement, or capitalize on the dual frontage corner position that offers outstanding prospects, including plans for multiple boutique townhouses, fronting Stortford Avenue (STCA).
127A and 127B Ford Street present a rare acquisition of two titles, one garden and endless possibilities in a sought-after location just a short stroll to Darebin Creek parklands and trails, while close to Ivanhoe's vibrant shopping and cafe precinct, the train station, buses, aquatic centre and schools.
