1 Valencia Street

Aberfeldie VIC 3040

Positioned in one of Aberfeldie's most tightly held pockets, this original three bedroom home presents a rare opportunity to renovate, rebuild or redevelop (STCA) in a location that consistently ranks among Melbourne's most desirable. Set on a 498m2 allotment, the property offers immediate liveability with exciting scope for future transformation.The current layout includes a spacious lounge, separate dining area and a hostess kitchen, together with a rear living room that opens to a generous backyard surrounded by mature greenery. All three bedrooms feature built in robes, with the main bedroom enjoying a semi ensuite, while a further shower room and separate toilet provide added family convenience.Underneath the home, a versatile family or rumpus room includes its own sink and toilet, making it ideal as a studio, teen retreat or home office. There is also plenty of storage under the house along with a carport, a lock up garage and a great outdoor patio area that captures the northern light.Beyond its renovation potential, the position is what truly sets this property apart. Surrounded by quality family homes, it is just moments from Aberfeldie Park and the picturesque Maribyrnong River trails, providing a lifestyle rich in open space, walking paths and weekend leisure. Buckley Street cafs, Essendon's vibrant dining precinct and excellent local schools are all close by, with easy access to public transport, major shopping centres and CityLink ensuring day to day convenience.Whether you are a family looking to build your dream home, a renovator ready to unlock value or a developer seeking a blue ribbon address with strong long term growth, this is a genuine opportunity in one of Melbourne's most coveted suburbs.