51 Palace Street, Ashfield

Auction Location: On-Site

Offered for the first time in 70 years, this original character residence presents a rare opportunity to secure a substantial clear parcel of land in one of Ashfield's most convenient and tightly held pockets.

Set on approximately 696.77sqm with a wide 15.24m frontage and valuable rear lane access, the property is all about location, land size and future potential. Importantly, the property is a clear block with no heritage or conservation restrictions, providing buyers with outstanding flexibility for future renovation, extension or redevelopment potential (STCA).

The existing home retains charming period features including ornate ceilings, leadlight windows and original fireplaces, while offering four bedrooms, separate living spaces and off-street parking via the side driveway and carport. The residence does require updating to live in comfortably, however it provides the perfect foundation for those looking to create their dream home in a convenient Inner West setting.

The generous rear yard and rear lane access further enhance the property's appeal, opening the door to a range of future possibilities for owner-occupiers, builders, investors or developers alike (STCA).

Positioned within walking distance to Ashfield Train Station, Ashfield Mall, Three Tomatoes Café, Ashbury Public School, Pratten Park and Peace Park, it is also within close proximity to Trinity Grammar School. The home enjoys outstanding lifestyle convenience with easy access to schools, transport, parklands and local village amenities.

A rare opportunity to secure a substantial clear block in a highly sought-after Ashfield location offering endless potential for the future.