This non-descript property in a sought-after Sydney suburb is both a home and a money-maker.
This single-storey blonde brick home may look unremarkable, but it offers two enticing opportunities: a killer location, and the chance to run a business from the front door.
The four-bedroom home at 73 Veterans Parade, Collaroy Plateau on Sydney's Northern Beaches will be known to locals as the suburb's long-standing general practice. But after shutting up shop late last year, the place is now on the market.
This is not your everyday house purchase, with the front portion zoned for commercial use, and the rear residential.
Agent Daniel Nero at Belle Property Northern Beaches says this split opens up a rare set of options for a business owner, investor or simply someone wanting a residential foothold in this sought-after enclave.
"You can run a business and rent out the back half of the house, or run a business and live in the back. Or rent out both," he said.
"Or you can get rid of that aspect of it and just have a normal residential property.
"There aren't too many residential homes that give you that flexibility."
Think medical practice, hairdresser or massage parlour — the commercial front has a reception area ready to go and lends itself to all of these, and comes with the bonus of additional off-street parking for clients.
A dental clinic next door only adds to the professional feel from the street.
The property has dual-zoning premium. Picture: realestate.com.au
Priced at $2.15m to reflect that dual-zoning premium, Mr Nero is clear about who he's keen to attract.
"I'm really hoping my best buyers will be someone wanting a commercial component to it."
But strip back the business case and there's still plenty here for a family or a renovator with ambition.
Set on a 436sqm level block, the four-bedroom layout is functional and ready to retain, reconfigure or completely reimagine.
The property is well set out to be reimagined by new owners. Picture: realestate.com.au
The well-presented home opens to a reception room that flows through to the dining room and kitchen, with the living area and master bedroom at the rear of the house, which leads to a paved terrace.
Timber flooring, high decorative ceilings, split-system air-conditioning and a garage round out a solid base to build from.
Mr Nero said the property is ripe to extend, subject to council approval.
"It's got a solid construction so there's the possibility of extending downstairs and putting a top on it as well."
The construction of the property allows for both an extension and an extra storey. Picture: realestate.com.au
The location does a lot of the heavy lifting. Sitting in the heart of the Plateau — one of the Northern Beaches' most prized spots — the property is footsteps from Augusta shops, and less than five minutes from schools, playing fields, cafés, Narrabeen Lagoon trails and Collaroy Beach.
"It's so close to all the shops, so if someone's running a business you have accessibility to that parking lot as well," Mr Nero added.
"This place really is such a unique proposition for someone."
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