This high-set property provides a solid investment opportunity, offering both residential and commercial spaces that can be leased separately for increased flexibility and income potential. Situated on 1,619 sqm of land, the property is perfectly positioned for various uses and offers a range of attractive features.
Residential Features: The top storey of the property is dedicated to residential living, with a spacious layout that includes 4 bedrooms, a front veranda with timber boards, steel fencing, and an iron sheet exterior. The home is modern, with tinted windows and a contemporary design that blends practicality with style. Energy-efficient solar panels and smoke alarms add an extra layer of safety and convenience.
The open-plan living area seamlessly combines the kitchen, dining, and lounge spaces, creating an ideal environment for both relaxation and entertaining. The kitchen is a standout feature, with ample storage, a spacious laminate island bench, and a large pantry for practicality. The laundry area is equally functional, equipped with a wash tub and a storage cupboard.
The three generously sized bedrooms each have built-in wardrobes and offer easy access to the front veranda. The master bedroom is a true retreat, featuring a walk-in wardrobe and a private ensuite. The ensuite is tastefully designed, with floor-to-ceiling tiles, heat lights, a shower, vanity, and toilet. The main bathroom also boasts modern finishes, including a shower, vanity, heat lights, and a separate toilet.
The current tenant's lease is set to expire on April 1st 2025, with a periodic lease agreement in place thereafter. The residents is currently leased for $450 per week, offering a steady stream of rental income for the new owner.
Commercial Features: The ground floor of the property is set up as a fully operational commercial space, making it a fantastic opportunity for a business venture. The professional kitchen is equipped with high-end appliances, including a six-burner gas stove, self-cooking center, deep fryer, microwave, meat slicer, and weighing machine. Stainless steel benches, a hand wrapper, and a 2-door freezer provide a seamless workflow for food preparation.
The counter area is modern and stylish, featuring a Carvel espresso coffee machine, coffee grinder, hot box, flat-screen TV, and cake fridge—an ideal setting for a thriving business. The shop floor includes several refrigeration units, including deep freezers, multiple fridges, and food display fridges, along with ample shelving for stock. A Fujitsu air conditioner ensures comfort year-round.
The cold room offers additional deep freezers and shelving for expanded storage. With 28 seats in the indoor and outdoor dining areas, there's plenty of space for customers to enjoy their meals, with room for further expansion.
Office & Storage Space: For office operations, the space includes air conditioning, flat-screen TVs, a filing cabinet, benches, a printer, and a Lenovo computer to maintain smooth workflow. A separate storage room with shelving and a tiled bench is ideal for storing equipment and supplies. Two unisex toilets are conveniently located within the commercial area.
The outdoor back area is well-equipped with gas bottles, bins, 3 X 22,500 LTR water tanks, and a filtration system, adding to the functionality of the space.
Investment Opportunity: This property presents an exceptional opportunity to acquire an already operational takeaway convenience store, with significant growth potential. Currently operating as a successful takeaway business, it provides a strong foundation for an entrepreneur looking to scale and expand. Its prime location, high foot traffic, and established customer base offer endless opportunities for growth.
With the ability to lease both the residential and commercial spaces separately, this property allows for versatile income streams, whether you're looking for a live-in business space or a multi-tenanted investment. Don’t miss out on this prime opportunity to capitalize on a thriving business and residential property with incredible potential for growth.
The listing price represents the total value and will be allocated into Property, Business, and Stock upon contract finalization. For further details or to schedule a viewing, don’t hesitate to contact us today and uncover the endless opportunities this remarkable property has to offer.
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