16 Osborne Street, South Yarra

In an effervescent pocket between Chapel Street and Fawkner Park, this semi-detached 2 bedroom brick home is a rare nugget of gold. An exciting project for a smart renovator or even a candidate for an upstairs extension (Subject to Council Approval), it's certainly serviceable now as your first home or investment. Comprising a classic entry hall, 2 good sized bedrooms (main with mirrored robes), an open plan living and dining area opening to the blank canvas of a courtyard, a neat kitchen with stainless steel appliances and a tidy bathroom with laundry facilities. You could look at banking the land and leasing as you get your plans sorted, compliant with reverse cycle air conditioning. With unbeatable lifestyle walkability, you'll love how close you are to Commercial Road's trams and rooftop bars, Prahran Market's iconic grocers, Chapel Street's celebrated restaurants and nightlife, Jam Factory, Prahran Square and South Yarra Primary School.