Mixed Use Investment With Multiple Income Streams

Retail, showroom or office with 2 separate residential 1 bedroom apartments.

This single level mixed use freestanding property boasts an ideal mix of commercial & residential properties whilst enjoying a sunny north facing aspect with handy side pedestrian access to both apartments and shop with opportunity for home & income or astute investment with additional income streams.

Accommodation:

Two fully self-contained 1x bedroom apartments all with functional & versatile floorplans.

Shop/showroom approximately 55 sqm with kitchenette & WC

The apartments are adjoining a delightful sundrenched rear tranquil garden area.

Apartment 1 is approximately 55 sqm

Apartment 2 approximately 50 sqm

The apartments would rent for $360.00 each per week.

The retail/showroom would rent for around $500.00 per week.

Common spacious separate external laundry facilities, Valuable rear lane car access Via Leopold Lane with separate carport and two lock up garages.

Features include:

Character features throughout

Polished timber floors, high ceilings

Sunny interiors

Wide highly visible shop/showroom

Potential development opportunity STCA

FSR: 0.5:1

Height limit: 8.5m

Zoning: R2 – Low Density Residential (with existing usage rights)

Land size 447 sqm

Property width 11.02 metres

Live, work, invest or redevelop the choice is yours.

Stroll to city bound buses, schools, Croydon Park village shop’s, cafes & eateries.

A versatile property with an array of options.

Inspections by appointment.