$800,000 - $850,000

Hockingstuart Preston is pleased to offer this exceptionally positioned High Street property for sale. provides flexible options for small business owners, savvy investors, owner occupiers or developers to secure their spot in one of Melbourne's most popular inner-northern communities. The space is the ideal investment for buyers or business owners thinking outside the square to make use of the commercial shop front, kitchenette, bathroom and additional two rooms which can be used as an existing residence/consulting rooms/medical center or even converted into a dual occupancy commercial and residential space which can be leased separately for dual income. With approved plans and permits already completed (STCA) and onsite parking for two cars via rear lane access, this property offers endless possibilities for the astute investor. Key Features: Commercial Shop Front: A prominent High Street frontage with an approx. floor area of 41m2 Flexible Layout: Embrace endless possibilities with a kitchenette, bathroom facilities, and two spacious rooms. Create consulting rooms, a corporate office, a medical center, or transform the space into a dual occupancy commercial and residential haven (STCA). Rear Lane Access: Enjoy convenient access and onsite parking for two cars, maximizing convenience for you and your visitors. Investment Potential: Projected annual rental income of approximately $30,000 per Annum plus outgoings, ensuring a steady return on your investment. Strategic Location: Nestled in the heart of the bustling High Street retail precinct, you'll be surrounded by an array of retail amenities and excellent transport options. Development Potential: Capitalize on the Priority Development Zone (PDZ2) - Schedule 2 designation, providing exciting future development possibilities (STCA). Existing Plans: Benefit from approved planning permits and concept drawings that pave the way for a combined commercial and residential space, allowing for dual leasing income. Contact Our Expert Team: Sales Agents: Joe Ledda: 0418 176 858 or Josie Galati: 0431 621 614

Amenities

• Property Type: Other
• MLS: 222P384124
• Web ID: ZA3HZJ
• Status: Current

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