Located in the heart of Chiltern on approx. 759sqm this property presents a unique and rare opportunity for a savvy investor to secure a centrally located, three-bedroom cottage, plus an independent shopfront offering excellent passing trade opportunities and immediately adjacent to the local supermarket.
The main residence, and charm-filled cottage, with its origins dating to the early settlement of Chiltern, is privately set back from passing traffic and features three bedrooms of which the master queen-sized bedroom is carpeted and features high ceilings. The two additional bedrooms are both queen-size.
This cottage features a central lounge with a gas heater and ceiling fan, and the kitchen features electric cooking, 1 stainless-steel sink, reverse-cycle air-conditioning and a ceiling fan. Evaporative cooling is also installed, as is instant gas hot water.
The bathroom includes a shower, toilet, and vanity. There is also a second toilet.
Outside, there is a fully fenced rear yard, welcoming undercover sitting area, established gardens, and a large single carport, shed, and independent parking and access from Greens Lane.
The shopfront offers a spacious, light-filled internal showroom and side access to an undercover display area and a walk-through to a rear storage area and toilet. To the rear is a private yard and direct access to Greens Lane.
This home and property is a must see for homeowners, investors, business operators, self-contained accommodation providers and those seeking a property with potential dual income streams, or to live in one and rent out the other, or to live in one and operate your own business from the shopfront in a one of North East Victoria's increasingly sought-after regions.
The size of Chiltern is approximately 200.7 square kilometres. It has 7 parks covering nearly 66.7% of total area. The population of Chiltern in 2011 was 1,639 people. By 2016 the population was 1,607 showing a population decline of 2.0% in the area during that time. The predominant age group in Chiltern is 50-59 years. Households in Chiltern are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chiltern work in a trades occupation. In 2011, 82.1% of the homes in Chiltern were owner-occupied compared with 81.9% in 2016.
Chiltern has 954 properties. Over the last 5 years, Houses in Chiltern have seen a 82.58% increase in median value, while Units have seen a 88.13% increase. As at 31 October 2024:
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