Auction location: On Site
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Outstanding Commercial AND Residential Investment Opportunity
- 2 Beds
- 2 Baths
- 2 Cars
If you're considering the prospect of acquiring a high returning investment property with various possibilities and the potential to achieve both commercial and residential rental incomes at once.Or perhaps you're finally ready to take that plunge by opening up your own shop front and bringing that clever business idea you're so passionate about to life!
Perhaps you're a savvy business owner OR home-buyer considering the prospect of mixing both scenarios with the purchase of this exceptional two-for-one property - combining a large business front amongst a terrific strip of others AND a spacious two bedroom home at the rear.
You can either open your business and lease out the home; or live in the home and lease out the shop front, with the comfort of having additional income coming in, or a fast track on your capital growth!
THE HOME: Potential Rent: $350p/w
Comprising two extra-large bedrooms with built-in robes, and a central bathroom. Open plan living/dining and kitchen, two storerooms, laundry, large outdoor area, and rear lane parking.
Potential to renovate, extend and enhance (STCA) with the home's lower level being standalone' and sharing no common/adjoining walls with other properties.
THE SHOP: Potential Rent: $500p/w
70sqm (approx.) shop front with glass frontage, high street exposure and public parking directly out the front. Amongst a terrific strip of established businesses and services including massage, dental and liquor - seeing a high volume of customers and passing traffic.
Plumbed water/sinks, partitioned storage space, staff bathroom and foyer separating shop and home. Ideal for a broad selection of business ventures, service types and industries including convenience store, medical/healthcare, accountant/solicitor, other professional offices, specialty foods, takeaway/eat-in restaurant, beauty services and many more.
A sought-after, fast regenerating neighbourhood seeing high volumes of young families buying in the area. Surrounded by new and existing homes and modern re-developments, parks, golf courses; close to Kingston Heath Primary, Cheltenham Secondary College, the great walking and cycling trails of Karkarook Park, public transport and easy access to the Dingley Bypass.
- Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
- Photo ID required at all open for inspections
- Built-In Wardrobes
- Close To Schools
- Close To Shops
- Close To Transport
- Secure Parking
187m² / 0.05 acres
2 off street parks
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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