Rental Return: $40k - $45k net
A vision of opportunity rises with this unique 3-level corner property that Commercial 2 zoned unlocks a rare blend of lifestyle and business potential in a thriving locale. Whether it's a dynamic enterprise, a creative studio or a seamless combination of them all, live and run a business (subject to council approval) from this strikingly versatile building which is designed to elevate ambition, embrace possibility and deliver outstanding results.
Wide, sealed laneway entry introduces a ground-floor layout where behind custom-built steel double-doors and a remote-control roller door lies a huge expanse of flexible space to configure as desired. Along with a powder room, a laundry and great natural light, it also features a separate office.
A polished concrete floor on the vast mid-level brings a New York feel to an open-plan design where a large spa area with fitted storage and shelving adjoins a vanity alcove with a dresser and sink that flows to an adaptable living/work zone suited to a broad range of uses, before spilling out to a big treetops balcony.
An expansive top-floor sanctuary capturing streams of easterly light and an elevated outlook to the Abbotsford Convent and Studley Park extends on polished hardwood floorboards from a bright kitchen with stainless-steel appliances and a smart bathroom to a dining and living domain (Morsø wood heater) where French doors open onto a private entertainment terrace with views towards the city skyline. Adding to the building's incredible appeal is ducted heating, air-conditioning and laminated glazing, council-approved plans for a luxurious rooftop retreat, and the exclusive opportunity to continue an on-going lease agreement of neighbouring land (owned by Vic Track) for secure storage and parking for multiple vehicles.
There's absolutely nothing like this extraordinary offering in a vibrant city-edge pocket to take today's dreams and ideas to the absolute next-level for future success at the epicentre of Abbotsford's thriving cultural and business scene. Right nearby for complete convenience is the LoJo strip with its micro-breweries and cafes, Blume Coffee roasters, gastropubs, Gahan Reserve, Main Yarra Trail, Convent Arts precinct, schools and the train station.
NOTE: Current Caretaker Residence Permit in place.
