Situated in a striking heritage streetscape between the bay and Albert Park Lake with tram accessibility on the doorstep and a dual frontage to Carter Street, this alluring period dwelling leads with inspiration and limitless potential. Ideal as a thriving investment, business venture or future residential project, this single-level gem offers an extraordinary array of options in a high-growth, sought-after parkside pocket.

Currently tenanted at $58,384 + GST and all outgoings (minus land tax), on a rolling three-year lease term (expires Sept 2024), it is perfect for investors or a small business to gain momentum in a prime location, with multiple consultation rooms, a waiting area, two powder rooms, a central bathroom and a kitchen to the rear. Zoned for Middle Park Primary School and Albert Park College, it also presents an enticing chance for owner occupiers to embrace the vibrancy of the surrounding area, with the scope for renovation or a possible architectural transformation (STCA).

With the convenience of the number 12 tram route out front and a coveted northwest rear aspect with off-street secure parking for one, this corner prize is a genuine lifestyle gem, steps away from the light rail and MSAC, a short stroll to Albert Park Lake and the beach, and moments from Albert Park Village. Land size: 178sqm approx.