103/1024 Mt Alexander Road, Essendon VIC 3040

Presenting a remarkable opportunity, this combination of chic 2 bedroom apartment and prominent retail/office space gives flexibility to investors and owner-occupiers alike.

Boasting an oversized west-facing balcony with beautiful palm tree views, the light-filled first floor home exemplifies all that is modern, low-maintenance living. A spacious, open-plan living area is complemented by an abundance of stone-top bench space with island, plentiful storage, stainless steel Bosch appliances and stylish tiled floor. Two generous bedrooms feature large, mirrored built-in robes, while a central bathroom exudes modern elegance. Other standouts include high-end bulkhead refrigerated cooling/ducted heating throughout, European laundry, video intercom, security entry, secure garage spot and storage cage.

Connected by a private staircase with ability to lock and let out separately, the ground-floor space provides a prospect seldom found in the established, ever-popular area that is the heart of Essendon. Directly accessible through the rear of the space, an additional secure garage spot complements a truly immaculate interior, currently home to a thriving cosmetics business (leased until October). The property presents an unmatched opportunity for a professional wishing for a shopfront or office space while being within arm's reach of the comfort of home. An exceptional investment opportunity is also on offer, with potential for two individual rental incomes in a desirable, low-density block.

Mere metres from the 59 tram line and Essendon Railway Station, it's no more than a two minute walk from the area's renowned cafés, restaurants and shops, with quick and easy access to Melbourne CBD.