Here’s a stellar opportunity for the investor. Located on a prominent Golden Square intersection, this unique property has not one, but three potential income streams! On a total 1146 square metre allotment, there’s one renovated three-bedroom home, plus a shop, plus a subdividable backyard. The vendors have done their homework and secured an approved permit to divide the block in two, leaving 773m2 for the house and shop, and 373m2 for a vacant block at the rear. The commercial component has been leased out previously for $350 a week to an excellent tenant who’d like to stay put. The house has a potential rental of up to $450 per week, with a total of $800 rental income what an amazing six per cent return on rent alone for the property. Or, perhaps you see a future for yourself and your own business here? The house is lovely, having been renovated in cool, contemporary style. Period features of polished floorboards, high ceilings and decorative cornices shine against crisp white paintwork. The bathroom is a stand-out. Tiled in white and grey, with a black-framed shower and feature bath, it also has a timber-topped vanity and views through the original sash window to a row of established trees. The kitchen has been updated with Ceasar stone benchtops and subway tiles. There’s also a wall oven, electric hotplate and dishwasher. The lounge is light-filled and spacious, with a gas log heater for warm winter nights. Outside, the living space continues with a massive undercover alfresco area overlooking the backyard, with its shade trees and garden shed. In addition to the double garage, there are four off-road parking spaces at the front of the property. The shop has a 6.8m x 6.6m showroom or retail space, a rear office, toilet and kitchenette. There is also direct access into the home, should you need it. The options are vast and the future is bright at this feature-packed address. Be quick! INSPECTIONS BY APPOINTMENT ONLY
