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143 Hotham Street
Balaclava, VIC 3183
Auction: $1,450,000 - $1,550,000
Overview
143 Hotham Street, Balaclava VIC 3183
Set on a substantial allotment of approximately 592 square meters, this property offers a rare opportunity to acquire prime land in one of Balaclava's most desirable locations. Free from any Heritage Overlay restrictions, the site presents exciting potential for restoration, renovation, or the construction of a luxurious new residence. Additionally, there is scope for dual occupancy or further development, subject to council approval, complemented by convenient rear access.
The existing freestanding home serves as a blank canvas for creative visionaries, featuring soaring ceilings and a range of charming period details such as fireplaces and decorative cornicing. The current layout includes three bedrooms, a central bathroom, a living room, and a kitchen/meals area. Furthermore, a versatile rear studio or home office space can function as a fourth bedroom, providing flexible accommodation options.
Ideally situated close to Carlisle Street and Ripponlea Village, the property benefits from proximity to cafes, restaurants, and public transport, making it an exceptional opportunity to create a distinctive home in a prestigious lifestyle precinct.
Location
Balaclava VIC 3183
Market Insights for Balaclava VIC 3183
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