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Investment Highlights

  • Two iconic shopfront dwellings offering flexible residential and commercial use.
  • Second dwelling provides a high-ceiling studio/showroom with freestanding fireplace.
  • Close to popular cafés, leading schools, and Darebin Parklands walking trails.
  • First dwelling configured as a short-stay rental with courtyard and full amenities.
  • Just 37 meters from Alphington Station and adjacent to leafy parklands.

Executive Summary

This distinctive dual-use property presents a unique opportunity to secure two versatile residential shopfront dwellings in the vibrant heart of Alphington. Perfectly blending lifestyle and income potential, the property caters to investors, creative professionals, or occupiers seeking adaptable living and working spaces.
The first dwelling offers a spacious open-plan design featuring a bedroom, lounge/dining space, a full kitchen, and a stylish compact bathroom. With a private courtyard and air-conditioning, this section currently operates as a highly successful Airbnb, generating strong short-stay returns with bookings already in place.
The adjoining second dwelling showcases a light-filled open showroom enhanced by a freestanding fireplace, office/storage area, and updated powder room. Popular among local photographers, this space provides consistent rental income streams. Both dwellings interconnect via a secure internal door, creating flexibility for combined or independent uses.
Nestled beside a leafy reserve and within steps of Alphington Train Station, the property combines tranquility with exceptional urban accessibility. Local cafes, the lively Fairfield retail strip, renowned schools, and Darebin Parklands are all nearby, underscoring the inherent appeal of this tightly held location.
This is an outstanding chance to capitalize on Alphington’s sought-after market. Liveable, loveable, and teeming with potential—subject to council approval for future enhancements. Viewings available strictly by appointment.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
474 SF
Building Class
C
Price
$877,901
Price Per SF
$1,853.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.03 AC
Frontage
28’ on Miller Street

Amenities

  • Corner Lot
  • Courtyard
  • Fireplace
  • Security System
  • Storage Space
  • Air Conditioning
  • Listing ID: 40659570

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 26 Miller St, Alphington, VIC 3078

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