Opportunity Presents Itself Offered for sale for the first time since 1983, this humble cottage presents an exciting opportunity to enter the Paddington market. Situated only a few doors down from Government House, Fernberg Road is one of Paddington's most prestigious and sought after addresses, with some properties on the street achieving sales prices of more than $5M.Although perfectly liveable, is ready for a new owner to transform this traditional character home into contemporary opulence. It offers views to Latrobe Terrace, and would possibly have city views if raised (STCA).There are three bedrooms, a neat bathroom, and a functional kitchen. There is a quintessential front verandah and a north-facing covered deck at the rear. The block is level, with a mature garden. Security screens cover most windows.The home sits in an enviable location, walking distance to Rosalie village and La Trobe Terrace, where you'll find the inner urban, vibrant lifestyle you've been seeking. You'll be in the catchment for highly-regarded Milton State School, which is an easy walking distance, and many private schools are easily accessible. With a bus stop close by and the CBD merely 4kms away, this location is one of the very best.This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. A list of recent sales will be made available upon enquiry.