Set on a wide 17m frontage and to be offered for the first time in almost 30 years is this 2 storey Victorian brick and tile residence. Fully council compliant for 24 lodgers, Thornbury Short and long stay serviced accommodation consists of 12 separately metred rooms with kitchenettes. Positioned on 821sqm of land (approx.) and Zoned residential 2c with potential refurbish, extend and improve your cash flow. Situated in a strong letting area and ideal for student accommodation, also suitable for a variety of uses e.g. bed and breakfast, serviced apartments, strata possibilities and units (S.T.C.A). Located in easy walking distance to shops station and schools. Great opportunity to purchase in this prime inner city location. Recession proof investment and land tax exempt. Genuine vendor motivated to sell. Inspection is highly recommended.