143 Faraday Street
Carlton, VIC 3053

This classic two-storey balcony terrace home is a unique opportunity for renovation and development (subject to council approval). The property has recently undergone a substantial price reduction and is offered for private sale at $1,550,000.

The house features a large living room and a separate dining area, providing ample space for comfortable living. The kitchen and bathroom/laundry areas are dated, offering potential for modernization to suit contemporary tastes. Upstairs, there are two bedrooms, both located on the first floor, providing privacy and separation from the living areas.

At the rear of the property, there is a courtyard that offers outdoor space for relaxation or entertaining. Additionally, there is rear access from Moton Place, which is approximately 4.3 meters wide, enhancing convenience and potential for development.

The land measures approximately 4.9 meters in width by 20.5 meters in length, totaling around 100.45 square meters. This presents a unique land opportunity in a highly sought-after location.

Adjacent to this property, there is a vacant land parcel at 141 Faraday Street measuring approximately 5 meters by 20.3 meters (about 102 square meters), available separately for $900,000. Both properties at 141 and 143 Faraday Street are to be sold individually.

Located in the excellent Carlton area, the property is within walking distance to the Carlton Gardens and Museum/Exhibition Buildings, the vibrant Lygon Street retail and hospitality precinct, and Melbourne University. This prime location offers a blend of cultural, educational, and lifestyle amenities.

This property represents a rare development opportunity in an inner-city location with potential to renovate or redevelop, subject to council approval. It is ideal for buyers seeking a project in a prestigious and convenient suburb.