Ideal Investment With Café/Shop & 3 Bedroom Residence With Valuable Rear Access & Parking Via Harry Street

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.

Open for Inspection:

Wednesday 17th April 12:00pm – 12:30pm
Wednesday 24th April 12:00pm – 12:30pm
Wednesday 1st May 12:00pm – 12:30pm