High-Exposure, Versatile-Use Corner Opportunity
SOLD By Miles Real Estate.
A high-exposure corner position and an adaptable clinker brick residence create an exceptional opportunity for a range of buyers to make an inspired and indelible mark on this versatile property.
Currently operating as a chiropractic health centre, this unique holding with garden frontage, a lock-up garage and extensive off-street parking accessed from Invermay Grove offers an attractive blend of period charm and functional flexibility in a premium elevated location near amenities.
Whether continuing its current medical/consulting use, transforming into a stunning family home or exploring redevelopment potential (STCA) for a dual-occupancy or new-build project, this is a rare and rewarding prospect in a thriving locale for investors, developers and owner-occupiers alike.
Retaining its Art Deco elegance featuring etched glass windows, decorative ceilings and timber detailing throughout, a central hallway introduces a series of four well-proportioned rooms, each suited to consulting spaces or future accommodation, complemented by a reception area at the rear with direct access to the garage and parking zone.
Ducted heating, evaporative cooling and a security alarm system enhance comfort and functionality, while a kitchenette, a main bathroom with shower and toilet, a separate additional toilet and ample storage space support an array of future possibilities.
With dual street access from Invermay Grove and an expansive paved parking area, the property is leased until 18th December, 2025 and presents an outstanding investment opportunity generating $41,454.55 per annum (+GST) or $3,800 per month (inclusive of GST).
With easy accessibility, this extraordinary opportunity offers unsurpassed scope to capitalise in a premier position just a short distance to the Rosanna Village and train station, buses, major arterial routes, the Burgundy Street and Austin Hospital precinct, LaTrobe University and schools.
Senior Sales Consultant / Auctioneer
Sales & Leasing Manager / Auctioneer
