64 Regent Street, Preston, VIC 3072

Extra-wide frontage to a deep north-facing rear block creates enormous excitement around this Spanish Mission-style home that from the outset presents an exceptional opportunity for a range of discerning buyers.

Set quietly on a 773m2 allotment (approx) beyond a deep front lawn and a side driveway, an attractive timber facade with barley sugar twist columns hints at the home's 1930s origins kept largely intact with significant scope to improve.

Blending period charm with compelling future prospects, the home unfolds in near-original condition while calling for renovation or reinvention to unlock its full potential and craft a wonderfully stylish lifestyle environment.

An entrance hall with plate rails and a period lighting sets the tone for a series of character-filled spaces starting with a generous living room with artistic leadlight windows and a gas heater that opens via double doors to a formal dining room of impressive proportions.

A kitchen and meals area provides the perfect blank canvas for transformation, while two bedrooms at the front, each with built-in robes, are complemented by a classic central bathroom, and further towards the rear is a versatile two-room space that's possibly two additional bedrooms or a bedroom with an ensuite and a flexible lounge/home office with external access.

A long driveway leads to security gates and a carport for two vehicles, along with a sprawling alfresco patio stepping into a large north-facing rear garden dotted with mature fruit trees, open lawn and multiple outbuildings including a workshop and a shed that offers a rudimentary kitchen and bathroom.

With its huge inner-city landholding, sought-after orientation and immense potential for renovation, rebuilding or redevelopment (STCA), this outstanding property is an unmissable opening with untapped possibilities close to parkland, Regent train station, Gilbert Road trams, schools, Preston Market, supermarkets and endless High Street cafes and restaurants.

Miles Real Estate.