Potential for circa 8% gross return.
An outstanding opportunity to secure a versatile mixed-use property comprising a residential flat and two commercial shopfronts, all held on one title.
The residential component features a one-bedroom, one-bathroom flat, currently rented until June 2027, providing an immediate reliable income stream.
The property also includes two separate shopfronts, measuring approximately 50m² and 90m², providing a combined commercial area of approximately 138m². The commercial spaces offer excellent flexibility for a mix of leasing and/or owner-occupation.
With three distinct components on a single title, this property presents an attractive opportunity for investors seeking a diversified income stream and future flexibility.
Suitable for (STCA):
• Medical rooms
• Hair and beauty
• Bike or sporting shop
• Professional rooms
Property features:
• One title
• In the heart of the commercial precinct
• One-bedroom residential flat
• Residential rental income of $440 per week
• Two vacant commercial shopfronts
• Shop/Showrooms approx. 55m² and 80m² plus amenities
• Shop 1 appraised at $600 - $640/week
• Shop 2 appraised at $400 - $440/week
• Off street parking at rear
• Potential for multiple income streams
• Excellent mixed-use investment potential
A rare opportunity to acquire a substantial mixed-use holding combining established residential income with two well-sized commercial premises.