Inspired potential abounds for this classic 'Bank House' in Port Melbourne's highly-sought after residential precinct. On the market for the first time in almost seven decades, the much-cherished home, built as part of the iconic pioneering residential estate by 'The State Bank' in the 1920s and 30s, has belonged to the same family since 1953. Retaining many of its original character features, including columned portico, ornate fireplaces, soaring ceilings, and original timber doors throughout, the two storey, 3-4 bedroom residence offers huge opportunity for a visionary renovation (STCA).
On a 397 square metre (approx.) block, the property has the added advantage of an extra-wide driveway, allowing for a double-garage (STCA). Outside there is a bungalow/studio, a paved alfresco area, and garden shed. The laundry and an additional WC are also in outbuildings. There is a lovely patch of front lawn with shady established trees including an olive tree that produces around 80 kilos of fruit each year.
Surrounded by parkland and sports fields, including Garden City Reserve, this fabulous family-friendly address is close to both Port Melbourne Primary School and Port Melbourne Secondary College, and is an easy walk to Bay Street, the beach, and light rail links.