1 & 2/44 Richardson Street, Essendon, Vic 3040

Standing with conviction on a street revered as one of Essendon’s very best, this pairing of two single-storey residences on a vast parcel represents a blank-canvas opportunity with potential like nothing else.

With a largely untouched Art Deco classic facing the leafy street and a second, modernised residence in its own domain at block’s rear, both homes and their surrounding gardens present investment and development possibilities increasingly rare in a position of such prestige. Housing Choice and Transport Zoning (HCTZ), an ultra-wide frontage, easy rectangular block, and street precedent of multi-storey buildings all combine to position the block as a site for boutique apartments, with equal scope present for first-class townhomes or a single statement residence.

• Pair of 3-bedroom homes, 1 vast parcel
• Unrenovated front home awaiting refresh
• Rear home comfortable from day 1
• Apartment & townhome possibilities*
• Option to rent out while plans progress

Accompanied by scope for a basic refresh and impressive rental yield afterward, the front home’s picture rails, intricate ceilings, and array of other ornate details sit centre-stage among three bedrooms, a tidy bathroom, front lounge, kitchen/meals area, dining space, full-size laundry, carport, and easy-care backyard. A master with an ensuite and walk-in robe, two more bedrooms with extensive robe space, and a dual-basin bathroom all feature in the revamped rear residence, joined by living, dining, and study areas, a Siemens/Kleenmaid kitchen with stone benchtops, powder room/laundry, sunlit courtyard, double carport, and reverse-cycle heating/cooling.

A few doors from Lincoln Park, seconds to city trams, and right between North Essendon and Rose Street lifestyle hubs, the holding is a true rarity in Essendon’s heart.

Dimensions: 20.1m x 54.9m (1104sqm*)
* Any measurements, dimensions, and/or mentioned durations are approximate.
** Any potential uses of the parcel and/or dwellings are subject to Council approval.

Type

Block Of Units

Bedrooms

6

Bathrooms

3

Parkings

3