SUPERB CITY FRINGE RESIDENCE WITH A COMMERCIAL RETURN
A brilliant opportunity to secure an enormous three level townhouse that straddles a ground floor commercial shop/showroom, an office on the second level all on one title. This superbly positioned north facing property offers opulent city fringe living with additional attractive combined net rental return of $67,600 pa approximately.
Nestled within a decorative Art Deco façade, with leafy views over prime Carlton real estate in a much sought after location. Only a short walk to Melbourne’s medical and tertiary precincts, the vibrant Lygon Street shops and cafes, and the CBD literally on your doorstep. The three level townhouse has street pedestrian access from Queensberry Street, with car parking for two cars off Lansdowne Place. The first level of this exceptional townhouse, consists of an open plan kitchen with European appliances and storage, study and spacious living area through to an entertaining balcony over 7.5 metres wide. The design of this level also provides the flexibility for a bedroom or an office. The second level presents a gigantic master bedroom, with ensuite and WIR, through to a wide balcony with a leafy vista. The potential also allows for the creation of a further two bedrooms. The top level is amazing, with an open plan space that could be used as a studio/workshop, games room or another bedroom. This room is fitted out with a sturdy gantry to lift goods and equipment, and also opens out onto the rooftop with the design suitable for a landscaped roof garden and a magnificent entertainment area.
This brilliantly designed townhouse has been fully insulated, split system air conditioning and heating to all rooms, with storage room/workshop and car stacker from the rear entrance, and features a private elevator to the living areas. The land is approximately 179 sqm, and the Capital City Zoning allows for future development to maximum height level of 42 metres. This fabulous property would suit long term investors, and savvy buyers searching for a family sized home with strong capital growth potential and a rental return. Inspection strictly by appointment.
- Sun Room
- Built In Robes
- Air Conditioning
- Double Glazed Windows