Perfectly positioned on the cusp of Willoughby's vibrant shopping strip, this exceptional property offers the best of both worldsjust steps from cafes, boutiques, and essential services, yet set back from the main road to provide a peaceful, quiet environment. This unique setting ensures tranquility at home without sacrificing urban convenience.
The B120 express bus connects you to the CBD, Bondi Junction, and Chatswood Station, making this location ideal for professionals commuting to work. Families will benefit from the property's placement within the Willoughby Girls High School catchmenta key feature attracting high demand for residential rentals in the area. Whether you're looking for a home, an investment, or both, Willoughby offers a thriving lifestyle surrounded by cafes, parks, and top-tier amenities, perfectly positioned for growth and convenience.
A Home to Inspire and a Space to Thrive - Discover the Perfect Mix of Living, Working and Investing
This beautifully designed commercial and residential property offers a rare opportunity for buyers seeking flexibility and long-term returns. Whether you want to occupy one space and lease the other or maximize rental income by leasing both, the possibilities are endless.
Property Overview:
- Combined total size: 173 sqm (109 sqm residential + 64 sqm commercial)
- One dedicated car space
- Separate storage rooms in the basement for both the residential and commercial spaces
Ground Floor Commercial Space:
- 64 sqm internal area with a private outdoor terrace
- Designed by a professional interior designer, the space is both functional and visually stunning
- Leased for $40,000 per annum (tenant can vacate upon purchaser's request)
- Perfect for owner-occupiers or investors seeking a beautiful, ready-to-use commercial space
Two-Story Residential Apartment:
- 109 sqm across two levels (52 sqm + 57 sqm)
- Features a balcony and exclusive use of a private courtyard
- Currently vacant, but previously leased at $800 per weekreflecting achievable rent in today's high-demand rental market
Financial Summary:
- Commercial Rent: $40,000 per annum
- Residential Potential Rent: $800 per week (approx. $41,600 per annum)
- Total Potential Rental Income: $81,600 per annum
Additional Highlights:
- Mixed-use zoning offers residential and commercial flexibility
- Perfect work-from-home setup with a dedicated office space below
- Lease both spaces or occupy one and rent the other
- Higher-than-average rental yields from a hot rental market
- Willoughby Girls High School catchment appeals to families
- B120 express bus access to CBD, Bondi Junction, and Chatswood
This property is ideal for investors seeking dual-income streams, professionals looking for a live-and-work setup, or owner-occupiers wanting rental income to cover outgoings. With a commercial tenant already in place, buyers benefit from immediate rental income and the potential to lease the apartment in a low-vacancy residential market.
Expressions of Interest closes Thursday, 5 December 2024 at 4pm.
Please contact the joint-exclusive agents Lachlan Worthington from PropertyFox on 0421 777 889 and Claude Di Ciano from Belle Property on 0417 440 930 to discuss in more details or to organise an inspection.
