SOLD By Lush Pillay LJ Hooker Padstow - 0407 121 573 | Investors & developers look no further! This rare an exciting opportunity awaits in the heart of Carlton set on approximately 427.66sqm. Zoned B2, this warehouse conversion offers a 2.5:1 building ratio (subject to council approval). Currently, this 2-storey building consists of, a huge 2-bedroom unit upstairs and basement parking with storage/warehouse capacity downstairs, giving the investor the ability to add a little TLC and potentially return a dual income of both residential and commercial rent being $49,400.00 per annum with future capital growth. Only a 3-minute walk to Carlton amenities including train station, shops, schools and parks, do not let this one be a slip of the eye. Make this a must to see!- 2 spacious bedrooms, master bedroom with build in wardrobe & potential of a 3rd bedroom - Multiple living areas incl. separate formal lounge & dining along with open informal living areas - Commercial grade kitchen with stainless steel appliances gas cooking & main bathroom with spa bath - Set on approximately 427.66sqm with a 15.28m front + 2.5:1 building ratio (subject to approval)- Renovate with the intention of returning a potential dual income of residential & commercial of $49,400.00 p/a- Secure tandem carport with warehouse potential or 7 car LUG + storage mezzanines - Only a 3-minute walk to Carlton amenities including train station, shops, schools and parksNote: A detailed survey plan is available upon request itemising lot sizes & frontages
