14 Margaret Street, Newtown, Vic 3220

This charming double-fronted Victorian cottage is situated in a quiet street in the highly sought after college precinct of Newtown. Consider the range of exciting future options this property presents with the combination of a main residence and substantial rear bungalow, it may be a home, investment or development site ( STCA ) .The main residence features two nicely sized bedrooms, bathroom with separate shower room, light filled lounge and a solid timber finish kitchen with meals area. It also features high ceilings, bluestone footings, split system air-conditioning throughout, solar hot water system and separate laundry to the rear. All this is connected to a solar panel array which includes a large battery storage bank which can supply power to the home in the event of a power blackout and also feeds back into the grid. Interestingly, the rear Bungalow was the former Newtown Dairy. It comprises a large lounge area, a single bedroom with separate bathroom and laundry and has independent energy metering from the main residence. Private off street parking to the single car garage (with service pit) is via remote electric gates and down the exposed aggregate driveway. Set on approx. 570m2 this north facing allotment has magnificent potential for further landscaping or development. In an excellent location serviced by public transport, close to the shops and supermarket and with easy access out to the ring road, this home is comfortable to live in as is while offering scope to renovate or rebuild (STCA).