Idyllically positioned in bustling Manifold Heights and on the cusp of Geelong West & Newtown whilst located in a high profile corner location, this amazing property is mere moments from the Pakington street shopping/café precinct, Shannon Avenue amenity strip, the Station and the CBD. The multipurpose Victorian residence has been utilised as a shop front and living quarters for an upholstery & design service business for many years allowing for existing use rights that may include retail, Café, showroom, or office space (STCA). Located in the NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 - there are multiple options regarding future use – maintain the current format, investigate a duel occupancy option, renovate or re-develop the property into the ultimate income producing inner city investment. Occupying a 598 sqm (approx) corner site the instantly captivating facade matches the functional interior where traditional high ceilings flow seamlessly with clean lines and light filled spaces to the house proper where the floor plan offers three bedrooms, a large living room, elevated kitchen and separate laundry and bathroom. Retaining light filled open spaces within the shop front this super functional area includes its own entrance, storage area, workshop / studio and separate WC. With excellent side access to private and potential customer parking available via Minerva Rd this property offers a plethora of opportunity is enjoys a high profile amidst all the action. There is also value add, income producing potential to further sub lease rooms for similar use with a potential return of $30k p/a for the shop front and $26k p/a for the house.
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