Ideal Investment With Café/Shop & 3 Bedroom Residence With Valuable Rear Access & Parking Via Harry Street
Featured
Commercial Sold
- Sold $1,610,000
Featured
Commercial Sold
Ideal Investment With Café/Shop & 3 Bedroom Residence With Valuable Rear Access & Parking Via Harry Street
- Sold $1,610,000
Description
A secure mixed-use investment opportunity with two distinct income streams: a café business and split level 3 bedroom residence. With a combined gross income of $80,830.52 annually this property is a proven and secured investment.
The Café is currently leased for $47,030.52 gross per annum with a long lease and enjoys high visibility and comes fully equipped for commercial operations. The additional 3-bedroom apartment generates $33,800.00 per annum under a periodic lease.
Commercial property features:
- Approximately 63 sqm including the storage
- DA approved for outdoor seating and extended hours of operations
- Lease expires December 2027 with 5 year option
- Current annual rent $47,030.52 gross and inclusive of GST per annum
3 Bedroom residence features:
- Secure lockup garage for one car, access via Harry Street
- Split level 3 bedroom residence with high ceilings
- Generous open plan living area
- Spacious kitchen
- Updated kitchen with gas cooking and a dishwasher
- Modern bathroom with separate water closet
- Airconditioning
- Spacious bedrooms with built-in wardrobes and plantation shutters
- Impressive timber flooring and high ceilings
- Sunny backyard area with external laundry and W/C.
Inspections by appointment or as advertised:
Details
Updated on December 7, 2024 at 8:29 am-
Property ID DET-14821
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Price Sold $1,610,000
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Land Area 247 m²
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Bedrooms 3
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Bathroom 1
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Garage Size 1
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Property Type Apartment, Mixed Use, Others, Restaurant
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Property Status Commercial Sold