347 Shannon Avenue, Newtown, VIC 3220

Occupying approx. 1266m2 in a prime Newtown location, this residence presents buyers with a world of opportunities. Whether you're interested in the commercial potential or have plans to restore the property back to a grand residential home, the rewards are endless (STCA).

Soaring ceilings and leadlight windows reflect the home's heritage, with the generous living and dining room overlooking the established gardens. The kitchen is equipped with two built-in pantries, a stainless steel dishwasher and 900mm cooking appliances. Four bedrooms (three with built-in robes, one with a north-facing sunroom) are serviced by two bathrooms, while the office completes the layout. Split-system air conditioners provide comfort.

The covered entertaining area provides a spacious setting for relaxed outdoor living and flows onto the leafy backyard. The outdoor building is home to a laundry, powder room and storage area. Accessed via Noble Street, the dedicated parking space accommodates approximately six cars.

Perfectly packaged on a corner allotment, this esteemed location will appeal to businesses and families alike. With Newtown's schools and prestigious colleges virtually on your doorstep, this is an incredible opportunity for schools to secure an additional campus. The Shannon Avenue and Pakington Street shopping precincts are moments away. Enjoy easy access to the tranquil Barwon River and the delights of Queens Park.