Mixed-Use Freehold

High-Exposure Corner Block Mixed-Use Freehold This property is positioned in the beating heart of Footscray’s booming Activity Centre, this versatile property offers a rare blending of rich character, high-exposure commercial viability, and immediate lifestyle convenience. This freehold asset represents a goldmine for an astute investor, an owner-occupier or a developer seeking a premium inner-west footprint, this property delivers unmatched potential. The Property set on a generous 298m² allotment with approximately 140m² of internal building area with rear access potential. Boasting a strategic corner-lot configuration, the property unlocks independent street access at the rear, making a standalone rear subdivision highly viable (STCA). Residential Charm: Newly renovated features a classic layout of 4 spacious bedrooms and 1 central bathroom, boasting timeless character details that could be transformed into a stunning inner-city residence. Currently generating an immediate, premium holding income of $4000 per month ($48,000 p.a), this property offers exceptional financial peace of mind while you secure planning permits. Commercial Edge: Benefiting from Activity Centre Zone - Schedule 1 (ACZ1) zoning, the high-visibility street frontage is perfectly suited for a flagship retail space, medical/consulting rooms, professional office suites, or a creative studio. The Location: Location is everything, and this property places you moments away from the very best of Footscray’s vibrant culture and urban convenience: Meters from Footscray Station for a seamless, minutes-long commute into the Melbourne CBD. Steps to the iconic Footscray Market and the bustling Barkly Street retail and dining precinct. Surrounded by popular local cafes, diverse eateries, schools, and Victoria University and largest Hospital in southern hemisphere. Location Value: High foot and vehicular traffic exposure. Flexibility: Ideal for immediate commercial use, residential living, or long-term capital growth. Secure your stake in one of Melbourne's fastest-growing, culturally diverse, and high-demand urban hubs. Inspect by appointment.