Currently zoned residential & previously used as a furniture/fruit shop, this well exposed corner residence provides a world of opportunity. Its location is directly across from KFC, McDonald's, Ibis & Shell - with thousands of cars passing by every week. Currently configured as a seven bedroom residence plus shopfront, the new owners can take advantage of the commercially constructed structure (double brick and concrete) and transform it to suit their purpose. Permissible uses include childcare, home occupations, boarding homes and residential (dual occupancy) STCA.
Upper Level - Residence:
- Seven bedrooms of accommodation, two classic bathrooms
- Large lounge area plus separate dining, secondary balcony
- Separate side access plus dedicated undercover parking
- Coveted bright 'north to rear' orientation
- Estimated income is $1,500/week
Lower Level - Existing Shopfront:
- Glass shopfront to Liverpool Road with great exposure
- Potential to convert into residential/additional rooms
- Potential to convert into dual occupancy
- On-site at-grade customer parking for over eight cars
- Estimated income is $1,200/week as home occupations
The shop and residence are separately metered.
The potential? Transform the present property into a dual occupancy (apartment plus home occupation/office) set up or knock down and build two new homes on the site (dual occupancy) STCA.
Retiring vendors have given strict instructions to sell. Settlement must occur before 31/12/2025. Must be sold.
Auction: 26th Sep at 5:30pm Onsite
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