38 Albert Road, Hallam VIC 3803

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 2

Description: Offered to the market for the first time in more than 50 years, this much-loved family home presents an outstanding opportunity for homeowners, investors and developers alike. Set on a level and flat 726m² allotment (approx.) with 4m apporx driveway clearance, the property offers endless possibilities for the future (STCA). Renovate and enjoy the existing home, retain the dwelling and build at the rear, redevelop the site with multiple townhouses, or start fresh and create your dream home the choice is yours. While the home is showing its age and ready for a refresh, it offers a solid base for renovation with generous accommodation across two levels. A versatile layout suited to growing families or savvy investors. Downstairs features a central lounge room, adjoining dining area and timber kitchen, along with three bedrooms with built-in robes, a bathroom and separate toilet. Upstairs provides additional flexibility with a study area, two further bedrooms, and an ensuite-style bathroom with toilet, making it ideal for larger families or multi-generational living. Comfort is ensured with ducted heating and split system air conditioner on both levels. One of the property's standout features is the large garage, finished with a polished concrete floor and lined ceiling, equipped with its own gas oven and cooktop. Used as an additional living zone, it creates the perfect rumpus or entertaining space, with extra shedding behind for storage. A long driveway and large carport provide ample vehicle accommodation, while the full-length rear pergola offers plenty of undercover space for outdoor gatherings. The expansive backyard is the true highlight a rare, level, flat, blank canvas, ideal for future development with minimal site costs or simply a fantastic space for children and pets to enjoy. Additional extras include cost-saving solar panels, roller shutter on some windows and a recently replaced gas hot water system. Positioned in a street brimming with redevelopment activity, the property enjoys a superbly convenient location just metres from Spring Square Shopping Centre, short walk to Hallam Primary School and Hallam Secondary College with easy access to local buses, Hallam Train Station and the M1 Freeway make the daily commute a breeze. Fountain Gate Shopping Centre or Dandenong Central are both only a short drive away also. A rare opportunity combining 5 bedrooms, 2 bathrooms, a large level block and exciting development potential this is a future money maker not to be missed. Inspect today and explore the possibilities. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.