A truly unique opportunity to secure a 'Town Centre' zoned mixed use holding, in the heart of Subiaco.
The complex is situated on the corner of York and Ellen Streets and is known as 'Directions'. The property was built in 2005 and what is on offer is very rare.
The one strata title consists of 2 residential spaces and two commercial spaces, totalling 400sqm.
The ground floor consists of the two commercial spaces each with a kitchenette and bathroom plus air conditioning, timber floors and glass shop front. Currently the two spaces are combined into one and the previous tenant utilised the space as an office. Two car bays are attached to the commercial space.
Directly above the commercial space is a spacious 3 bedroom, 1 bath Penthouse apartment with two treetop balconies and one car bay;
And a 1 bedroom, 1 bathroom mezzanine level apartment, adjacent to the Penthouse, with its own balcony and car bay. This apartment is currently leased.
The opportunities are endless. You can derive income from 4 separate spaces by offering them all for lease. Live in one residence, lease the other along with the two commercial spaces or live and work from the one address.
The property is perfectly positioned and just a short walk to Rokeby Road and the Subiaco Train Station.
Whatever your preference may be, don't miss out on this truly rare opportunity.
The property is being offered by Alan Mijacika of Edison Commercial and Thea Samuel and Alex Bain of Edison McGrath Residential.
Viewing is by appointment.