Grand Building Of Magnificent Proportions And Unlimited Possibilities
Located at the gateway of the Footscray CBD and within 6 kilometres of the Melbourne CBD, this rare and unique freehold is in one of the fastest growing Inner-Melbourne precincts.
With numerous past businesses operating within the building over the many decades previously, including the first occupants who ran a medical dispensary and doctors residence, it is now occupied by two secure businesses. Ideal for an investor looking to buy a property with not only massive potential capital growth, but also a secure income stream.
Comprising numerous rooms including large formal living and dining rooms, many with open fireplaces and gorgeous period features throughout, the residence is reminiscent of a bygone era. Polished floorboards, leadlight windows, regal original staircase, separate kitchen and underground cellar encapsulate the true essence of this highly desired property.
- Huge inner-west land holding fronting both Albert Street and Raleigh Road.
- Includes not only the building, but also the car park at the rear with a total lettable area in excess of 600sqm.
- Ultimate future development upside as the site can be developed with a code assessable residential scheme (STCA).
- This prominent property will suit both local and overseas buyers
Property Code: 1254
Available from:Monday 21st June 2021