A secure mixed-use investment opportunity with two distinct income streams: a cafe 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 Cafe 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:

Friday 14th June 11:00am – 11:30am