This exceptional property offers a unique blend of convenience, potential, and prime location. Situated in the heart of Footscray, this property is perfect for investors, developers, or those looking to build their dream home. Currently leased, this income-generating property offers the flexibility to maintain the existing structure or explore new development opportunities. Whether you're an experienced developer or an investor seeking to capitalize on the booming property market, this site provides the perfect canvas for your next venture. Key Features: • Victorian Style Home: Elegant architecture with classic detailing, offering a warm and inviting atmosphere. • Prime Location: Located in the vibrant and rapidly growing suburb of Footscray, close to schools, parks, shopping, and public transports. • A generous 631m2 (Approx) allotment • Development Potential: A spacious site with endless possibilities for redevelopment (STCA). • Lifestyle & Convenience: Enjoy the best of Footscray's dining, shopping, and cultural experiences just minutes from your doorstep. • 8km away from Melbourne CBD: makes working in or visiting the CBD easy. Don't miss this rare opportunity to own a piece of history with the potential to shape the future. Whether you're an investor, developer, or someone with a vision, this property is a must-see!