An opportunity that simply can’t be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside.
Unit 32 & Shop 3 present a unique configuration:
• A two-bedroom residential apartment on the first floor
• A ground-floor commercial shopfront
• Internal stairwell connection (currently closed off, easily reinstated)
• Two separate tenancies, one ownership, dual income
• Blue-chip inner-city location with ongoing growth and demand
Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use.
Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom.
This portion is securely leased to long-term tenants at $730 per week, increasing to $760 per week from May 2026, with a lease in place until June 2027.
Downstairs, the approximately 100sqm commercial space is occupied by a well-established personal trainer and private gym, providing stable income with a lease secured until March 2027. The tenancy returns $3,582.80 per month.
Apartment Features:
• 2 bedrooms, 2 bathrooms
• 1 secure car space
• Dedicated study area
• Master with ensuite, walk-in wardrobe, and balcony access
• Large private balcony with inner-city outlook
• Well-appointed kitchen with electric appliances and dishwasher
• Secure storage cage
• Ducted air conditioning throughout
• Access to complex pool and gym
• Secure building with key fob entry
Commercial Features:
• Approx. 100sqm open-plan retail space
• Established long-term tenant (private gym)
• High-exposure main road position
• Internal bathroom with shower and toilet
• Internal stairwell connection (currently used as storage)
• Shared ground-level parking
Financial Snapshot:
• Apartment: $730/week, increasing to $760/week (May 2026), lease to June 2027
• Commercial: $3,582.80/month, CPI increases annually, leased to March 2027
• Previous Airbnb occupancy: 84%
• Body corporate, rates, and disclosure available on request
Whether you're seeking a high-performing addition to your portfolio or a strategic long-term hold with multiple exit strategies, this property delivers. Contact us now to book your private inspection!
