An exceptional opportunity to secure a substantial and versatile property on 546sqm approx. of land, offering an abundance of space, flexibility and potential for owner-occupiers seeking a unique home in one of Northcote’s most connected and sought-after pockets. Thoughtfully configured across a generous floorplan, the property currently comprises eight individually appointed rooms, with select rooms featuring ensuites, providing exceptional flexibility for a large family, extended or multi-generational living, or those seeking dedicated spaces for guests, work and lifestyle needs. The existing configuration also presents an exciting opportunity to adapt and reimagine the home around individual requirements. Currently operating as a registered Class 1B Rooming House, the property is fully furnished and equipped with appliances, with all required council approvals in place. Residents currently benefit from a central kitchen and dining area, dedicated laundry facilities, a gazebo and enclosed entertainment area. For owner-occupiers, the substantial landholding and adaptable accommodation provide an outstanding foundation to create a truly personalized residence, whether retaining elements of the existing layout or undertaking a considered transformation for a growing family or multi-generational lifestyle. The current configuration also provides an established gross annual income of approximately $157,040, offering flexibility for buyers who may wish to retain the arrangement while considering their longer-term plans.