An exceptional opportunity awaits savvy investors looking to secure commercial or mixed-use premises in a prime location on Latrobe Terrace. Surrounded by thriving businesses and residential investments, this property boasts a prominent position that ensures visibility and success.
The approved development plan showcases a smart design that maximizes the potential of the land, taking into account the gradient and elevation to optimize profitability. Whether you're looking to occupy the existing dwelling or embark on a full-scale renovation and development project, this property offers a wealth of possibilities.
Key features of the development approval include:
-Conversion of the street-level dwelling into commercial space, featuring a retail showroom and three offices -Addition of a two-bedroom, two-bathroom unit and a one-bedroom plus study, one-bathroom unit -Provision of four basement car spaces and storage -Installation of a lift -Availability of five open car spaces
The current dwelling boasts:
-A generous 579m2 area with a 15-meter street frontage -Serene suburban views at the rear of the property -An expansive living area adorned with character features -A functional kitchen -A bathroom with shower and inclusive toilet -Covered front and rear verandahs
With its adaptable floor plan, this property offers a range of opportunities and will appeal to investors with a keen business sense seeking premises in a high-profile location for a commercial venture or a lucrative addition to their property portfolio.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Armand Pirlog to learn more about this property, request an inspection or take an online tour.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.