Discover the perfect fusion of versatility and convenience with this exceptional property offering dual residential and commercial zoning. Whether you're an investor, a live-in buyer, or an entrepreneur seeking a prime location for your commercial venture, this property ticks all the boxes.
Superbly positioned within the sought-after Activity Centre Zone, Precinct 7.2, under the current planning scheme, this site promotes a dynamic mix of residential and office-based activities, including medical uses, taking advantage of existing residential housing stock or premises that maintain a residential scale and character. Ideally located within the sub-precinct bordered by Lawrence Street to the north and Nilmar Avenue to the south, this block offers outstanding development potential. The site allows for buildings up to three storeys (12 metres) in height (STCA), providing excellent scope for a range of uses. Importantly, the existing house is not heritage-listed, offering flexibility for redevelopment. Setback requirements along Hume Street are highly favourable, with ground and first floor retail permitted 0–3 metre setbacks, commercial and institutional uses allowed 0–5 metres, and residential uses requiring a maximum setback of only 4.5 metres.
A prime position, 183 Lawrence Street boasts unrivalled accessibility to key landmarks including High Street, Elgin Boulevard, The Cube, and Southside Terrace. Situated on a generous 794m2 block with northern frontage, this property presents a myriad of possibilities.
Step inside to find a harmonious blend of character-rich features seamlessly integrated with modern comforts. The traditional floor plan, featuring a central hallway, lends itself perfectly to various configurations. Whether utilized as a 3-bedroom residence with a separate kitchen and bathroom, or transformed into a commercial space with 3 or 4 offices/consulting rooms, the potential is limitless (STCA).
Meticulous attention to detail has been invested in this property, with recent upgrades including re-stumping, re-flooring and new wiring throughout. Enjoy year-round comfort with the inclusion of efficient reverse cycle heating and cooling systems.
Worried about storage? Rest assured, car storage and an additional storeroom are provided, offering peace of mind and convenience.
Located in a truly blue-chip location, 183 Lawrence Street sets the stage for endless possibilities. Whether you envision it as your dream home, a lucrative investment opportunity, or the ideal space for your business venture, this property promises to exceed expectations.
Don't miss out on this incredible opportunity – seize the moment and make 183 Lawrence Street your next move!
Disclaimer: All reasonable efforts have been made to ensure the information provided in this document is true and correct, and it has been sourced from materials we believe to be reliable. However, we cannot guarantee its accuracy and accept no responsibility or liability for any errors, omissions, inaccuracies, or misstatements contained herein. Prospective purchasers are strongly advised to conduct their own enquiries to verify the information contained in this document.
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