Positioned in the heart of Killarney, this unique and versatile property offers an exciting opportunity for investors, business owners or buyers seeking a flexible live-and-work lifestyle.
Set on a 243sqm block, the property features a spacious front living or commercial area complete with air-conditioning and soaring high ceilings.
Toward the rear of the property, you'll find an additional kitchen area, bathroom facilities and functional layout options suited to a range of uses. Previously operating as a successful café, the property lends itself to hospitality, retail, consulting or creative business ventures, while also comfortably functioning as a one-bedroom residence.
Currently tenanted until the 01/03/2027 with a reliable tenant in place, the property provides immediate rental income with future flexibility. Once the current lease concludes, there is potential to convert the property back into a commercial shopfront or continue utilising it as a mixed-use or residential space.
Outside, side access leads through to a backyard overlooking rolling green hills, offering room for gardens, chickens or the creation of a private outdoor entertaining area.
Located in the picturesque Southern Downs region, Killarney is situated approximately two hours from Brisbane, close to the renowned Queen Mary Falls and only a short drive to Warwick.
Flexible, income-producing and packed with potential, this is a rare opportunity to secure a character-filled property with multiple future possibilities.
Please note: The property is located within a flood-affected area.
Contact Caitlin Harrison on 0478 686 763 for more details and to organise an inspection.
DISCLAIMER:
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* denotes approximate measurements.
