Located in the heart of Chiltern on approx. 759sqm this property presents a unique and rare opportunity for a savvy investor to secure a centrally located, three-bedroom cottage, plus an independent shopfront offering excellent passing trade opportunities and immediately adjacent to the local supermarket. The main residence, and charm-filled cottage, with its origins dating to the early settlement of Chiltern, is privately set back from passing traffic and features three bedrooms of which the master queen-sized bedroom is carpeted and features high ceilings. The two additional bedrooms are both queen-size. This cottage features a central lounge with a gas heater and ceiling fan, and the kitchen features electric cooking, 1 ½ stainless-steel sink, reverse-cycle air-conditioning and a ceiling fan. Evaporative cooling is also installed, as is instant gas hot water. The bathroom includes a shower, toilet, and vanity. There is also a second toilet. Outside, there is a fully fenced rear yard, welcoming undercover sitting area, established gardens, and a large single carport, shed, and independent parking and access from Greens Lane. The shopfront offers a spacious, light-filled internal showroom and side access to an undercover display area and a walk-through to a rear storage area and toilet. To the rear is a private yard and direct access to Greens Lane. This home and property is a must see for homeowners, investors, business operators, self-contained accommodation providers and those seeking a property with potential dual income streams, or to live in one and rent out the other, or to live in one and operate your own business from the shopfront in a one of North East Victoria's increasingly sought-after regions.