Centrally situated in the heart of Chiltern and only minutes walk to local shops, cafes, schools, parks, sports grounds, the hidden appeal of Lake Anderson, and with easy access to the Hume Highway and Chiltern Railway Station, this property on approx. 177sqm dates to 1870 and offers significant scope to multi-purpose the existing one bedroom, one bathroom, private lounge residence and to utilise the front of the building as a retail shop front, consulting rooms, or creative space. The central open-plan living area features high-pitched exposed timber-lined ceilings, rustic-styled timber walls, and incorporates a spacious living area with reverse-cycle air-conditioning, ceiling fan, and gas heater. The kitchen includes a gas oven and cooktop, excellent storage, and a meals area. There is also internal access from the kitchen to the side of the property and to the rear garage and a private rear laneway. A separate bathroom also features a shower/bath, single vanity, and a separate toilet. Instant gas hot water is installed. The central carpeted bedroom features dado-lined walls, which could also be re-configured to serve as a lounge, formal meals area, office space, or consulting room. There is also a spacious open plan area with concrete floors and timber-lined walls which is ideal to be re-invigorated as a retail space and offers excellent street frontage with the potential for passing trade. To the rear of this property is a privately accessed garage with a concrete floor and remote door. This property is a must-see for individuals, couples, investors, holiday accommodation providers, and creatives seeking to secure a compact Chiltern home with an added retail opportunity in one of North-East Victoria's increasingly sought-after regional communities. Expressions of interest close Thursday 15th September 2022. The vendors reserve the right to consider all, and any offers received prior to the Expressions of Interest Close Date and may proceed to Contract if an acceptable offer is received prior to the Close Date.