$510,000

2 Bed  •  1 Bath  •  1 Car  •  160m²

Main view of Homely house listing, 25B Peg Leg Road, Eaglehawk VIC 3556
Floorplan of Homely house listing, 25B Peg Leg Road, Eaglehawk VIC 3556
Second view of Homely house listing, 25B Peg Leg Road, Eaglehawk VIC 3556
+10

Sold

25B Peg Leg Road, Eaglehawk VIC 3556

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$510,000

  • 2
  • 1
  • 1
  • 160m²

House Sold on Fri 16 Jun, 2023

What's around Peg Leg Road

House description

“Two for the Money – the perfect investment opportunity”

This charming freehold shop and residence present a rare opportunity to secure an as-new, spacious commercial/residential facility in a high profile Eaglehawk position.

Historically, the corner property was home to a grocery store in the 1930s, but after a major renovation two years ago, it has been transformed, with both the shop and residence now boasting flawless presentation and thoroughly modern finishes.

The shop features a glass facade with a cantilever verandah, while the interior showroom occupies an area of approx. 34 square metres.


It includes a rear office/storeroom, kitchenette and WC., all enhanced with fresh monotone décor, polished floorboards and a split system air con.

The residence is separated from the shop by a wall and locked access.


A private side entrance off Market Street opens to spacious open living and dining areas and a well-equipped kitchen. It offers two bedrooms with built in robes, a stylish bathroom, Euro-style laundry and good storage, while a lock-up carport provides access to the compact backyard and rear entry.

The residence is currently let as an Airbnb with good occupancy records, while the shop offers potential commercial use including but not limited to - a professional office (accounting/legal/allied health), hairdressing, beauty therapy, retail and much more subject to council approval.

Canny investors will recognise this is a rare chance to purchase a property with the potential for two incomes.


New owners may choose to;
- Owner-occupy both shop and residence as the ultimate work-from-home situation.
- Rent the shop and live in the residence
- Rent the residence and conduct business from the shop
- Rent both properties for a double-barrelled income.


There's also the option of consolidating it into one home by incorporating the shop as perhaps another living area (STCA).


Zoned Commercial 1 (CZ1), the position is seconds from Eaglehawk's High Street shops, opposite the Aldi supermarket and benefits from good exposure to foot traffic and passing cars.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

dishwasher

Dishwasher

ductedCooling

Ducted Cooling

ductedHeating

Ducted Heating

fullyFenced

Fully Fenced

secureParking

Secure Parking

toilets

Toilets: 2

Land details

Area: 160m²

Documents

Statement of Information: View

Interactive media & resources

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Fourth view of Homely house listing, 25B Peg Leg Road, Eaglehawk VIC 3556View more

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25B Peg Leg Road, Eaglehawk VIC 3556
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