Phone enquiry ID: 61739

If youre considering the prospect of acquiring a high returning investment property with various possibilities and the potential to achieve both commercial and residential rental incomes at once, or multiple residential incomes.Or maybe youre finally ready to take the plunge and bring that clever business idea youre so passionate about to life!

Perhaps youre a business owner OR a home-buyer mulling over the option of mixing both scenarios with the purchase of this exceptional two-for-one property – combining a terrific location positioned for absolute convenience, a large-scale, beautifully renovated family home, and a large business front with the ability to facilitate multiple staff or large group clientele (previously a meditation/group class business) with 4 modern customer/staff bathrooms (with showers) – one with laundry combined.

Within easy walking distance to South Morang station, the exciting new Westfield expansion, RMIT Uni, a selection of quality schools, leisure/recreational facilities, healthcare, and easy access to the Ring Road, linking you to the CBD or airport with ease.

Furthermore, there are various options and pathways to explore for an additional income source, or to fast track your capital growth.
- Live in the home and lease out the business front
- Open up your business and lease out the home
- Convert the business front into multiple self-contained flats for student accommodation (STCA)
- Or, live in AND work from home-sweet-home whilst enjoying the freedom, improved work/life balance and being able to spend more time observing the kids as they grow

163sqm (approx. total) BUSINESS-FRONT / STUDIO / OFFICE:
Large and flexible, designed to suit a wide variety of different industries and service types. With stylish modern decor, vinyl-plank floorboards, quality carpet, reverse cycle air-conditioning, wide glass doors separating rooms, undercover access to the 4 bathrooms & plenty of staff/storage space.

- 93sqm (approx) STUDIO: set-up as group activity studio with a raised stage, 2 x split system air-conditioners, multiple exhaust fans, TV projector & hardwired speakers.
- 36sqm (approx) OFFICE/STUDIO: Large reception with split system air-conditioner, vinyl-plank floorboards, access to rear storage shed and adjoining classroom.
- 34sqm (approx) BATHROOM FACILITIES: 4 bathrooms with showers, toilets & basins – the 4th with laundry combined.

THE HOME: Large, quality-built and extensively renovated throughout – showing off a long list of quality features, stylish decor and all the modern comforts expected today.
Beautiful kitchen and bathroom renovations, ducted gas heating, reverse cycle air-conditioning, new plush carpets and fresh paint throughout, plenty of storage, security shutters, alarm system, two balconies and undercover front porch.

Four generous bedrooms with robes – three opening to balconies including the impressive master suite with private balcony, walk-in robe and stylish new ensuite with floor-to-ceiling tiles. The luxurious family bathroom includes a spa bath, shower and separate toilet, plus a downstairs 3rd bathroom/laundry combined.

Lovely L-shaped formal lounge and dining, plus an open plan family zone with a sensational new entertainers kitchen! Equipped with combination wall oven, 900mm gas cooktop, range hood and dishwasher; boundless storage and huge stone benchtops including a central island breakfast bar.

Very low-maintenance outdoor areas with established garden beds, Colorbond fences/gates, shed, double remote garage with internal access, extensive driveway parking and paving.