109-111 Munro Street, Coburg, VIC, 3058

Here's your chance to secure a property with exceptional potential in a prime Coburg location.

Historically operated as an old-fashioned Milk bar, this long-held combined home and shopfront is now selling under executor's auction.

Close to all amenities and transport and zoned as neighbourhood residential, there are many options for the creative buyer to renovate into your perfect family home, run a retail or service business (STCA), or redevelop into two side by side dwellings (STCA).

The clean and bright shop front features lots of light, a double-entry, and plumbed sink. Behind the shopfront, the connected residence includes three bedrooms, living room, eat-in kitchen, laundry, bathroom, second separate toilet, and a large storage room.

Well-maintained, this home is neat and tidy throughout, with a functional kitchen equipped with a double sink, gas stove and range hood and ample storage. Other features include evaporative cooling, split system air conditioning and heating in the living room, and blinds throughout.

Situated on a 409m2 block, the property embraces a north-facing aspect and has rear lane access to the garage. There's plenty of grassy yard space to create a family oasis, with established deciduous trees for shade and room for an outdoor entertaining area.

Offering the best of urban living, you're a short stroll from the cafe and restaurant strip on Sydney Road, as well as the renowned shopping precinct. The new Coburg train station is an easy walk, connecting you to the CBD just 12 km away, while the nearby tram will take you to universities and hospital precincts. Also close by is the leisure centre, tennis club, multiple parklands and respected Primary and Secondary Schools.

Fantastic potential, great location - this is a must-see for the creative buyer looking to capitalise on this rare offering. Call us today to see for yourself all this property can be.

Remember to mention you found this property on DevelopmentReady