Held by the one family for many many decades, 246 Bridge Road offers that rare opportunity for the Phoenix to literally rise from the ashes of what was once a substantial Victorian terrace. Situated on an elevated and deep level block, the original structure consists of 4 large rooms, 2 on each level and a rear 2 storey wing that was gutted by fire but has left a brick skeleton showing the original kitchen and family room on the ground floor plus an additional room on the upper level. The generous land size of approx. 250sqm and the current FSR of 1:1, provides a fantastic opportunity (STCA) for a creative architect and savvy builder to construct a unique and fabulously proportioned family residence once more.…with ample room to establish a landscaped rear garden ideal for family living on the city fringe. Located literally opposite Forest Lodge Public School, the 470-bus stop is also on your doorstep giving easy access to the Broadway Shopping Centre, UTS, Notre Dame University, Central Station and Martin Place in the heart of the CBD. The property is just 3 blocks from Sydney University campus and within minutes' walk of: - Glebe Point Road's renowned cafe/retail strip - Forest Lodge "mini village" with its iconic corner pubs, Greek & Italian restaurants, newsagency and The Goose Bakery (a true favourite with locals) - The Tramsheds culinary precinct, Light Rail Station and Rozelle Bay foreshore parkland