Fast Five Why? Selling as a pair, these 2 double-brick homes are primed for a new lease of life on a commanding allotment over 728sqm (approx.). Underpinned by a far-reaching 20 metre frontage and a high-growth GRZ2 zoning steps from Bay Street, the choice is yours. You could renovate two semi-detached Art Deco classics, supersize them into one, start again and build your own dream home, or prepare the site for a design-driven development with approved plans and permits for 10 apartments ready to activate. A rewarding opportunity from every angle, the current residences are capable of generating income while your grand plans are finalised (all STCA). What? Architect-designed with striking landscapes by the award-winning John Patrick, developers will be thrilled by the plans on offer for 10 luxury apartments. Providing a strong foundation for today and tomorrow, the current layouts offer 4 generously sized bedrooms, sunlit and flexible formal rooms, functional kitchens, vast rear yards and north/south perimeter driveways. Exquisite Art Deco period features include elaborate ceiling artistry, traditional porch entries, open fireplaces, towering ceilings, picture rails and original Tasmanian oak flooring. Whatever path you choose, there is plenty to work with here. Where? So close to Bay Street’s rail, retail and restaurants, enjoy easy access to Melbourne’s best schools and finest swimming beaches with a feast of crowd-pleasing cafes, bars and restaurants all a matter of footsteps away. Breakfast with a Middle Eastern twist at Zeppelin Kitchen, take lunch on the deck at The Deck, and finish the day off with a classic cocktail at Mr and Mrs P. This is truly living! When? This unique opportunity will be auctioned on Saturday 28th May, with astute buyers encouraged to act decisively. How? Call Simone Chin on 0403 857 266 today for your inspection of a property with powerful potential. Property Code: 40