$600,000

A unique investment opportunity is presented with this property located at 26 Conness Street Chiltern, the main street of this historic North East Victorian town. Set on a lot measuring 848m2 (Approx.), this property is zoned Commercial 1 Zone - C1Z and features a Commercial Shopfront securely leased to the Chiltern Pharmacy, a 2-bedroom unit currently under lease, and a large vacant rear yard measuring 468m2 (Approx). The Commercial Shopfront is on a 5-year term with expiry due 5 August 2027 with further 5-year options available. The unit at the rear is on a periodic lease and features 2 generous bedrooms, a separate kitchen, and an extensive living area measuring 10.8m x 3.3m (Approx) with an attached 4-bay carport. The vacant land to the rear offers the possibility of future development STCA.