50 Pin Oak Crescent, Flemington VIC 3031
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Rare 2-in-1 lifestyle investment opportunity
Enviably positioned with the best of Flemington at your fingertips, this one-of-a-kind shopfront plus residence combines a flexible layout, quality features and dual income potential making it an ideal choice for city professionals and astute investors alike.
Step inside to discover a versatile ground-floor retail space adaptable to a range of businesses which comes complete with its own kitchenette and full bathroom. Accessed via Norwood Place behind, the double-storey home is filled with natural light showcasing two large bedrooms complemented by an updated bathroom and additional powder room. Add to this a spacious lounge or a large 3rd bedroom, and separate dining area adjoined by a stone-bench kitchen with Smeg cooking appliances, as well as split-system heating/cooling, high ceilings and solid timber floors. Other stand-outs of the home include a sizeable terrace with leafy outlook ideal for relaxing or entertaining, plus a private rear courtyard with secure off-street parking space.
Popular cafes at your doorstep along with the convenience of Newmarket Station, it’s also walking distance to Racecourse Road trams, shops and restaurants, close to local parks and schools, as well as easy access to Citylink.
Previous rental returns for combined properties :
50 Pinoak Crescent - $22,063 per annum including Outgoings (under a commercial lease)
1b Norwood Place - $28,680 per annum (under a residential lease)
Property is in a Commercial 1 Zone
Step inside to discover a versatile ground-floor retail space adaptable to a range of businesses which comes complete with its own kitchenette and full bathroom. Accessed via Norwood Place behind, the double-storey home is filled with natural light showcasing two large bedrooms complemented by an updated bathroom and additional powder room. Add to this a spacious lounge or a large 3rd bedroom, and separate dining area adjoined by a stone-bench kitchen with Smeg cooking appliances, as well as split-system heating/cooling, high ceilings and solid timber floors. Other stand-outs of the home include a sizeable terrace with leafy outlook ideal for relaxing or entertaining, plus a private rear courtyard with secure off-street parking space.
Popular cafes at your doorstep along with the convenience of Newmarket Station, it’s also walking distance to Racecourse Road trams, shops and restaurants, close to local parks and schools, as well as easy access to Citylink.
Previous rental returns for combined properties :
50 Pinoak Crescent - $22,063 per annum including Outgoings (under a commercial lease)
1b Norwood Place - $28,680 per annum (under a residential lease)
Property is in a Commercial 1 Zone