Strategic property for institutional or residential development on Av. Italia

Engel&Völkers exclusively presents this property, located at a strategic point in Carrasco Norte, along the axis of Av. Italia and meters from Av. Cooper. A unique opportunity for developers, companies, or institutions seeking an asset with high urban potential. The plot, totaling 2089 m², features a 36-meter frontage on Av. Italia with maximum visibility and vehicle accessibility. The area's regulations and the land's size allow for multiple development strategies, from medium-height buildings to specialized educational, medical, or residential facilities. The main building, of solid original construction from 1954, was expanded and updated in 1989, 2005, and 2021, forming a volume of two symmetrically integrated units internally. Its current functional state allows for both immediate use and further intervention depending on the chosen purpose. Highlighted features: Construction developed on two levels, with a basement. 13 bedrooms, 11 bathrooms, reception, two large living rooms, defined living and dining rooms. Spacious kitchen with pantries and laundry room. Basement garages for several vehicles. Heating and cooling system via splits. 4 wood-burning stoves distributed in different areas. Exteriors: Front garden of 450 m², ideal for setbacks or green areas in future projects. Covered barbecue area of 80 m², swimming pool of 49 m², and caretaker's house (approx. 50 m²) at the back. Paddle court. Shed and wood storage. Conversion potential: Ideal for residential building development, subject to current urban parameters. Suitable for educational annexes given its proximity to top-tier schools in Carrasco. Viable for institutional, corporate, or operational conversion, such as offices, health centers, or senior residences. Technical documentation and background available for review.