A rare Burraneer opportunity offering immediate income and outstanding future potential. Renovate into a cherished family home or explore duplex redevelopment (STCA), while benefiting from a secure commercial lease and versatile upstairs residence.
- Renovate existing layout back to a much loved family home or put a DA in to build a duplex STCA
- $98,000+ annual return in a highly sought-after beachside suburb
- Positioned in the prestigious enclave of Burraneer and located just moments from local vibrant shopping precinct
- this unique property combines a fully operational medical/allied health clinic with a private upstairs residence.
- Financial Breakdown, Current Rental Income: $8,169.00 per month ($98,028.00 per annum) + GST.
- Outgoings: 100% paid by the tenant (Net Lease structure).Lease Term: Secured tenancy until end of June 2027.
- Downstairs: Fully Equipped Health & Wellness Clinic
- 5 Consulting Rooms: Spacious, private rooms ideal for physiotherapists, psychologists, or specialists.
- Separate Gym: Dedicated rehabilitation or fitness space to boost patient care and revenue.
- 2 bedroom unit upstairs for private rooms, or residential flat.
