Retail and Residential with a return of 5.7% PA
Featuring a retail shopfront and a separate two-bedroom apartment above, this property presents a unique opportunity with mixed-use income streams and excellent surrounding amenities. The commercial premises boast a highly visible frontage, ensuring exposure to plenty of passing foot traffic. Meanwhile, the apartment serves as a private sanctuary, completing the perfect blend of business and personal space.
- First class investment opportunity comprises a shop and separate residence above
- Presently returning 5.7% PA
- Ground floor comprising of a Thai restaurant, trading as Ummarin Thai Leased till 30/6/26
- Apartment accommodation consists of two bedrooms with an oversized living/dining
- Thai restaurant 88sqm and apartment 88sqm, totaling 176sqm
- Ideal for owner-operators seeking a combined residence and business space
- Appeal to investors desiring a mix of commercial and residential assets
- Dual-use potential, reside upstairs while earning from the downstairs commercial space
- Fantastic opportunity in a bustling location close to a vast array of amenities
- Shop leased at $6,875pm, apartment leased at $1,666.66 pm, totaling $8541.66pm
