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Overview
Restored to it's former glory!
One of the most majestic buildings in Merbein has been meticulously restored to its original grandeur, blending extensive renovations with the preservation of its rich historical significance as the former State Savings Bank of Victoria building. This unique property is zoned Commercial 1 and features a five-bedroom residence located upstairs, offering a versatile combination of commercial and residential uses.
The building encompasses approximately 216 square meters on the ground floor and 106 square meters on the first floor, totaling 322 square meters of floor space. The ground floor is designed to accommodate commercial activities, featuring a large open area, an office, a storage room, staff toilet facilities, a lounge, laundry, and a brand new kitchen. This layout provides ample space for various business operations or commercial ventures.
Upstairs, the first floor serves as a comfortable residential area with five bedrooms, a bathroom, and an additional toilet with a powder room. The two main bedrooms are enhanced with balconies, while the master bedroom includes built-in robes and an open fireplace, adding charm and character to the living space.
The property sits on a corner allotment of 664 square meters, with a frontage of 20.1 meters and a depth of 33 meters. Access to the rear yard is secured by an electric gate, providing privacy and convenience. Located on Merbein's main street and directly opposite Ritchies supermarket, the property benefits from excellent visibility and accessibility, with ample on-street parking available for visitors and customers.
This versatile property offers significant potential for mixed use, allowing the ground floor to be utilized for commercial purposes while the first floor can serve as accommodation, such as Airbnb or backpackers, subject to council approval (STCA). The property is move-in ready, requiring no additional work, making it an ideal opportunity for those seeking a combination of commercial and residential space in a prime location.
The property information is provided without guarantee of accuracy or completeness. Buyers should verify all details, inclusions, availability, and pricing directly with the listing agent before relying on this information.
Location
Merbein VIC 3505
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 322 m² |
Market Insights for Merbein VIC 3505
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