One of the most flexible properties to hit the market in ages, this dual key property enjoys two street frontages and is set on a generous allotment of 336sqm. Superbly positioned to take advantage of a brilliant Carlton lifestyle, this substantial warehouse style residence is both expansive and breathtaking at the same time. With a flexible "Mixed Use Zoning" the property allows for both commercial and residential pursuits or a combination of both. Set on two separate titles there is also the option of dual rental income (ideal for Airbnb or short term rental) or use part yourself the rent out the other. The ground level offers a brilliant open plan living room with both formal and informal spaces, an elevated dining space, and separate study plus a sunken cinema room. Further, three double bedrooms offer excellent accommodation with the main bedroom featuring an ensuite plus a 2nd bathroom. With three separate outdoor spaces featuring an upper level private sun-drenched terrace, you will be spoilt for choices on where to entertain. The first floor features a separate 2 bedroom apartment ideally suited to dual family living or potential for extra income via short or long term leasing. This spacious apartment is flooded with natural light and also features a sunroom. Further, there are two off-street car parking spaces and loads of storage. Inspect now to discover a host of possibilities.