Prime renovation opportunity in one of Melbourne's premier locations overlooking beautiful St Vincent Gardens. This delightful solid brick period family home offers enormous scope to renovate and extend (STCA) to create an enviable lifestyle for the lucky purchaser. Comprising: Spacious accommodation with 5 principal rooms, central bathroom, kitchen & meals area and laundry. Features: Many period ornate features, fabulous northern orientation, rear walkway to Draper Street. Leased until 3 March 2014. Allotment: 9.78m x 25.9m / 247sqm (approx.). Superbly located to Albert Park cafe life, shopping village and the no.1 city tram. First time offered since 1963. Inspect by appointment with the agent. Presented by Cayzer Real Estate Albert Park. ALL ENQUIRIES MUST INCLUDE A PHONE NUMBER.