An opportunity in a tightly held row of 5 Torrens Title homes. This substantial modern design tri-level house offers a flexible mix of commercial and residential interiors. Separate entrances provide multiple options for an astute property buyer looking to invest in a home that can also produce a passive income.
Residence The opulent two level spacious 3-bedroom residence would suite a professional family seeking a low maintenance lifestyle. Features:- * 175 sqm (approx.) enclosed and unenclosed living and entertaining areas. * Three large bedrooms, all with city views; main with en-suite and sunny balcony. * Two bathrooms, 5 toilets. * Designer Kitchen and Dining area leading to an alfresco entertainers balcony overlooking an attractive fernery vertical garden. * Oversized Lounge room with city views, leading to charming relaxing balcony. * Office/Study with abundant built-in storage cupboards. * Polished timber floors and staircase in the 3-storey internal atrium. * External awnings and sunscreens.
Commercial Area A spacious ground floor commercial office perfect for use as a “work-from-home” office or leased to produce a generous rental income, alternatively an additional living/media room for the family. * 45 sqm (approx.) Open-plan office with plenty of natural light * Reverse cycle air-conditioning * Tiled floors throughout, * Full amenities kitchen, * Powder Room, * Storeroom.
Rental Return * Estimated gross rental of $1550pw ($80,000+ pa)
Locale * 300m walk to Lilyfield Light Rail & Bus transport * 10 mins drive into CBD * Short walk to Victoria Road Bus Stops, 5 minute bus trip to Town Hall * Close to schools * Short walk to Local Supermarket
