8 Hutchinson Street, Burwood East, Vic 3151
Sold: $895,000 (04-30-2016)- hotel 4
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From its aptness as a development site (STCA) to its suitability as a real fixer-upper, such is the wide appeal of this potential-rich piece of real estate that missing out on this premium opportunity shouldn't be an option! Enjoying a sizeable 627sqm (approx.) allotment in a first-class neighbourhood within a short stroll of Forest Hill Chase, Burwood One Shopping Centre, Burwood East Primary School, Forest Hill College, Mahoneys Reserve and Burwood Highway trams, developing the property appears the obvious destiny (STCA).
The existing single-level home, however, presents the true visionary with an opportunity to totally transform the blank canvas interior into a modern work of art. Featuring a light-filled open-plan living/kitchen area and zoned bedrooms, the main residence provides access to a self-contained bungalow, which could be used for extended family living, a teenager's retreat or sub-let to generate a passive income stream. A versatile studio attached to the single garage can also be used as an excellent home office. Evidently, it's the chance of a lifetime!