5 Park Crescent

Kew VIC 3101

Developers and luxury home builders will jump at the opportunity to consider the options and potential to redevelop on this outstanding site in a quiet pocket of Kew; which has been going through considerable renewal in recent times and underpinning the future capital gains prospects in this lifestyle location. Benefitting from dual access to Park Crescent and rear access to Derby Street - it delivers the perfect site for the construction of either dual townhouses or a luxurious new family residence with pool. Currently presenting in original condition and occupying a prime allotment of 557sqm approx. the existing double-fronted timber Victorian home retains some period attributes but its delict condition would require a total front-to-back rebuild for those with imagination and vision to undertake if desired (all works STCA). The current accommodation comprises a central entrance hall opening to three bedrooms, living and dining room, period-style kitchen plus a rear bathroom, laundry and WC; leading to the back garden with original shed and carport.

The property is enviably located in one of Melbourne's most sought-after eastern suburbs. Moments from Eglinton Reserve within a few minutes' walk of Willsmere Village, Kew Junction shopping including Toscano's, Leo's Fine Foods, cafes and restaurants; plus an array of public and private schools, the future redeveloped Kew Recreation Centre and easy access to the CBD via public transport or the Eastern Freeway.