Rare Inner-City Triplex Block Offers Amazing Opportunities
Properties like 34 Festing Street are becoming a truly rare find in Albany's ever-growing city. This lot offers a multitude of options for people to grow their wealth however they like.
Do you want 1,348sqm of lifestyle living, room for the kids, room for the shed, a deck with the water views, close enough to walk into town?
Do you want a potential triplex development site to earn multiple income streams or sell off part of the land to reduce your debt?
Whether you want this or anything in between, 34 Festing Street is an absolute must-see.
The owners will be sad to see this home go after owning it for almost 30 years. Although the home has seen better days, and there's definitely some TLC needed, the bones and character of 34 Festing are absolutely without question strong and true.
After the current owners purchased the property in 1993, they proceeded to renovate just about the entire home. Every single one of the 120 stumps were single-handedly replaced and reinforced. It was re-roofed, walls and ceilings replaced, new kitchen, and much more. All of the internal doors were sourced from an old mansion in Subiaco. It really is a unique piece of architecture and it wouldn't take a huge amount to restore this property into something amazing.
The owners had plans to alter the games room into potential living spaces which could then be utilised as accommodation for personal or short-stay use.
FEATURES OF THE PROPERTY
• Originally built in 1945 (current owners fully renovated in 1997)
• Zoned Residential (R30), 1348sqm
• Timber stumps, timber weatherboard walls, tin roof
• Underground Power
• Connected to Mains Sewer
• Separate Games Room'
• Fantastic location with harbour views
• In the Albany Primary / Albany Senior H.S. school zone
• A near-new bathroom (renovated after becoming vacant)
• A lot of character (bricks from the old chimney are used outside)
• Unique internal doors sourced from old Subiaco mansion
• Potential to sub-divide the block
APPROX. DISTANCES
• Due South (bottom of York Street) - 2 min drive / approx. 900m
• The Big' Roundabout - 4 min drive / 3.6km
• Albany Health Campus - 7 min drive / 4.8km
• Woolworths - 4 min drive / 1.8km
• Albany Shopping Plaza - 3 min drive / 1.6km
• Middleton Beach - 7 min drive / 5km
• ANZAC Peace Park - 6min walk / 500m
*According to Google Maps
If you need any more questions answered, assistance with queries to the City of Albany, or would simply like a viewing to see if this property could be the one for you contact me anytime.
M - 0437 152 471
E -
[email protected]