124 Douglas Parade

Williamstown VIC 3016

House

Currently for sale - view listing

Overview

DUAL-INCOME INVESTMENT IN THE HEART OF WILLIAMSTOWN High-Exposure Mixed Zoning Premises in a Thriving Bayside Location

A rare opportunity to secure a versatile dual-occupancy property in one of Williamstown's most tightly held and high-traffic locations, offering the potential for two separate income streams from one property. The ground floor comprises a fully fitted commercial café premises, ready to accommodate a hospitality operator with an existing fit-out, grease trap, canopy, outdoor seating area and prominent street frontage. Positioned in a busy pocket of central Williamstown, the property benefits from strong pedestrian activity, surrounding residential density and excellent exposure. Above the commercial premises sits a self-contained two-bedroom apartment, providing an additional residential rental income stream and creating an attractive proposition for investors looking to maximise the earning potential of their property. Located only a few hundred metres from Coles and surrounded by cafés, restaurants, retailers, established residences and local amenities, the property sits within one of Williamstown's most active precincts. Whether you are an investor seeking commercial and residential income under one roof, an owner-operator looking to run a business downstairs while occupying or leasing the residence above, or a buyer searching for a flexible long-term asset, this property presents an opportunity rarely offered in the Williamstown market. Key Features: Dual-occupancy property with two potential income streams Fully fitted café/commercial premises on the ground floor Self-contained two-bedroom apartment upstairs Approximately 124sqm* of commercial tenancy Significant street frontage and signage exposure Existing grease trap, canopy and hospitality fit-out Large outdoor seating area Rear car parking Strong pedestrian and passing traffic Approximately a few hundred metres from Coles Central Williamstown location surrounded by established retail, hospitality and residential amenity An outstanding opportunity to secure a high-exposure, income-producing asset in the heart of Williamstown. Disclaimer: This advertisement has been prepared as a guide only. Z. Real Estate does not warrant the accuracy of the information provided. Interested parties should conduct their own enquiries and due diligence. Images, dimensions and floor plans are indicative only.