Dual-Income Opportunity in the Heart of the CBD - Zoned - Suburban Activity Centre
Investment Highlights:
Residence is currently tenanted at $315 per week - 19/05/2025 - 18/11/2025
Rear lined shed is a COMMERCIAL Lease - Periodic Tenancy - paid monthly - $953.33 Inc GST
This 1885 stone residence offers a unique and versatile opportunity - whether you're looking to invest, run a business, or simply secure a property with character in a prime CBD location.
Although currently tenanted - the flexible layout of this residence may lend itself to ventures such as commercial/retail use (subject to all necessary consents), making it ideal as an office space, consultancy, or similar business venture. Alternatively, it could be refurbished into a charming home that showcases its historical appeal and solid construction.
Inside, you'll find:
2 large bedrooms
A spacious open plan living and dining
Practical kitchen and bathroom
Stunning ornate ceilings and split system air conditioning
Security system
The property sits on an extensively paved allotment with excellent off-street parking, including side carport, rear double carport and garage and a lined shed which is currently leased to a separate organisation (Commercial Lease)
Why not take advantage of a dual-income stream in a central location? Whether you're an investor or an owner-occupier with a vision, this property delivers on potential and position
Video Link available upon request
FAQ
2025/2026 Council Rates - $2,662.35 p.a
Zoned - Suburban Activity Centre - SAC
Torrens Title
Easement(s) - Nil
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