5 & 7 Nelson Place, South Melbourne

Subscribe to regular market updates. 5 Nelson Place South Melbourne $950,000 - $990,000 7 Nelson Place South Melbourne $950,000 - $990,000 Properties are separately titled – to be sold separately or option to purchase both available. Discover the rare and exciting opportunities presented by these two side-by-side, 1-bedroom homes and savour the excellent investment and development potential with every desirable amenity right on your doorstep. The impact of the vast possibilities dominates first impressions, with the two existing homes sitting on two separate titles, providing enticing short or long term investment options. In contrast, there's every opportunity for homeowners to make the most of the 195sqm (approx) total land size and either combine the two homes or start again with a luxury new build (STCA). The existing homes showcase glorious high raked ceilings, exposed red brick and loft bedrooms, complemented by original fireplaces, well-equipped kitchens, and wonderful natural light from rear terraces. The renovator's checklist is all here, with timeless period character, classic, identical proportions and deep rear gardens, and the potential for ROW access. These properties are primed for instant success, just a short walk to South Melbourne Market, Albert Park Village, tram to CBD, boutique shops and restaurants, whilst Albert Park Lake, the beach and MSAC are all nearby. Albert Park Primary School Bridport Street Albert Park Montague Continuing Education Centre 100 Montague Street South Melbourne 62 Pickles Street Albert Park 83 Danks Street Albert Park 40 Bay Street Port Melbourne Victorian College Of The Arts Secondary School 57 Miles Street Southbank Mac Robertson Girls High School 350-370 Kings Way Melbourne Middle Park Primary School Richardson Street Middle Park Port Melbourne Primary School 415 Graham Street Port Melbourne Melbourne Grammar School Melbourne Grammar School Domain Rd Melbourne New Generation College Level 6 152-168 Elizabeth Street Melbourne The Meridian International School 196 Flinders Street Melbourne 399 Lonsdale Street Melbourne Melbourne Girls Grammar 86 Anderson Street South Yarra Level 3 - 169 Swanston Street Melbourne Christ Church Grammar School 677 Punt Road South Yarra South Yarra Primary School 601 Punt Road South Yarra DOXA School West Melbourne 300 Rosslyn Street Melbourne West 168 Exhibition Street Melbourne St Kilda Park Primary School 68 Fitzroy Street St Kilda Holmes Secondary College 185 Spring Street Melbourne Simonds Catholic College 273 Victoria Street Melbourne West Melbourne High School Forrest Hill South Yarra 6 Prince Patrick Street Richmond Richmond Primary School Brighton Street Richmond Carlton Gardens Primary School Academy of Mary Immaculate 88 Nicholson Street Fitzroy St Michael's Grammar School Windsor Primary School