New luxury residence, with work-from-home and/or office potential. These are some of the options available for an existing 2BR Victorian home, comfortably updated, with approved plans and permits for a multi-level new residence, readily adaptable for business and/or residential occupancy. Zoned Commercial 2 with existing Residential rights, in a thriving precinct close to Nicholson Street’s newest cafes, public transport and Yarra parkland, this is the ultimate in inner-city living. Approved development plans include undercover parking for 3-cars, glass-encased lift access, 4 double bedrooms, 3 luxurious bathrooms, expansive living areas, custom kitchen and vast entertaining terraces offering stunning city views. There is the further option to negotiate with the vendor, a renowned Melbourne boutique builder, about full construction options to incorporate your own flair for interior design, fittings and finishes, and take advantage of stamp duty and other applicable savings. An outstanding opportunity in a prime CBD-edge position!