102-104 Grosvenor Road, Mount Lawley WA 6050

Full of history in a brilliant location on the corner of Hyde Street & just a short stroll to Hyde Park sitting on 2 titles of approx 600m2 (total). This superb investment opportunity is offered for the first time since 1975. This dual-purpose property is zoned as an eating house and residential R40, with further options for redevelopment.

The old general store which has been in operation since approx 1925 and has historically been a deli, post office, restaurant and games parlour and is now home to traditional Thai restaurant (Longlae) with the adjoining two-storey home built in 1977. Currently being leased as residential tenancies giving the new owners 3 income streams.

THE RESTAURANT
Stand alone building of approximately 150m2 including dining floor, kitchen & preparation area, office & toilet facilities, plus coolroom and shed.

THE HOUSE
Currently split into 2 residences or can easily be used as "one" double storey home. The ground floor is 1 bedroom plus study, kitchen, dining and living area plus large laundry, double garage and lovley north facing courtyard area. The first floor features 3 bedrooms, kitchen/meals with huge living area.

Both residences have access to the rooftop garden terrace above the restaurant.

What's nearby?
* Approx 2.2km to the Perth CBD;
* Approx 400m to Hyde Park
* Approx 1.8km to Beaufort St
* Approx 2.0km to Mount Lawley Golf Club
* Approx 1.0km to Edith Cowan University;

ONE OF A KIND!!

102 Grosvenor Rd, Mt Lawley COUNCIL RATES: $2,686.95 WATER RATES: $1,603.67
104 Grosvenor Rd, Mt Lawley COUNCIL RATES: $2,388.40 WATER RATES: $1,382.44