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10 Salter Street

Essendon, VIC 3040, Australia
$2.20m
4 bed 2 bath 6 car912m²

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Area Price Guide
$2.07m$2.33m

Indicative price guide range

🏘️
66
Comparable
📊
$1.10m
Area median
⚖️
+100%
vs median
📐
$2,412
Per m²
📏
912 m²
Land
🗓️
Today
Listed

Property Insights

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About this property

Positioned within one of Essendon's most tightly held and strategically evolving pockets, this beautifully renovated 1917 weatherboard Edwardian delivers a rare combination of period elegance, modern family living and exceptional future potential. Occupying a substantial allotment with a prized north-facing rear yard and outstanding right-of-way access running the full length of the western boundary, the property presents an incredibly versatile opportunity for families, investors, land bankers or developers alike. Importantly, the property is situated within the Housing Choice and Transport Zone Schedule 2 (HCTZ2), highlighting the strategic significance and long-term redevelopment potential of this highly sought-after inner north location. Whether your vision is to simply enjoy the beautifully renovated home as is, extend further into the expansive rear yard whilst still maintaining significant backyard space, retain the existing residence and explore future development opportunities at the rear, or consider a full-scale redevelopment of the site (STCA), the flexibility and land characteristics on offer here are exceptionally rare within this tightly held Essendon address. The exceptional full-length western boundary right-of-way access is a major asset to the property, providing outstanding functionality for vehicle access, future garaging, workshop space, additional accommodation or future redevelopment possibilities. Combined with the highly desirable north-facing rear orientation, the site lends itself beautifully to a wide range of future outcomes whilst still delivering immediate family enjoyment today. Behind its timeless façade, the home retains all the charm of its Edwardian origins with stunning leadlight windows, soaring 3.3 metre ceilings and generously proportioned rooms, seamlessly combined with a comprehensive renovation completed only eight months ago. Every major component has been updated including electrical, plumbing, insulation, kitchen, bathroom and built-in cabinetry, allowing buyers to move straight in and enjoy with absolutely nothing to do. The flexible floorplan comprises three spacious bedrooms plus a separate study, serviced by a beautifully appointed bathroom featuring premium stone benchtops. The designer kitchen showcases quality Asko appliances, Stone benchtops and full stone splashbacks and connects effortlessly to the open-plan living and dining zones overlooking the deep north-facing backyard, an ideal orientation for future extension, entertaining or redevelopment aspirations. Adding further versatility is the separately accessed rear studio accommodation complete with its own bedroom and bathroom, ideal for extended family living, guest accommodation, home office use or potential additional income opportunities. Additional features include ducted gas heating, four split system units, gas hot water service, 6.6kW solar system, fibre-to-the-premises NBN with four fibre points installed throughout the home, new Colourbond roofing, high-clearance roller rear access, double garage, workshop and an insulated high-clearance pergola with integrated lighting. Perfectly positioned close to Glenbervie Station, Napier Street Village, elite schooling, parklands and major transport infrastructure, this is a unique opportunity to secure a landmark period home with immediate family appeal and significant long-term upside in one of Essendon's premier growth corridors. Sale Process & Communication Notice The vendor may sell the property at any time, including prior to any advertised date, and reserves the right to vary the sale method or bring any advertised auction forward. Prospective purchasers must notify the selling agent in writing of their interest and intended participation to ensure they are kept informed of any changes to the sale process. Purchasers are responsible for ensuring their contact details remain current and that they remain contactable regarding this property, as the agent cannot guarantee delivery of updates where communication preferences have been restricted, or contact details are incorrect.

Property Features

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    Repayment calculator

    $10,666/month
    $5,333 /fortnight
    Loan $1,760,000 at 6.10% over 30 years

    Upfront costs

    Deposit$440,000
    Stamp duty$123,000
    Conveyancing (est.)$2,000
    Total upfront$565,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    6
    Land Area
    912m²
    Listed
    Today

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