Discover a unique chance to own a versatile mixed-use property situated directly across from the picturesque shores of Lake Macquarie. This property features a successful café and a charming three-bedroom cottage, offering multiple income streams in a sought-after location.
Key Features:
Commercial Space: This well-positioned commercial space is currently operating as a cafe and benefits from high visibility and significant foot traffic, making it an attractive option for future business opportunities.
Charming Residential Cottage: The well-maintained three-bedroom cottage can serve as a residence or a rental property, providing additional income potential.
Prime Location: Located between the beautiful lake and the beach, and just a short distance from Belmont CBD, this property is surrounded by local amenities, enhancing its appeal for both commercial and residential tenants.
With projected rental returns of approximately $550 per week for the cottage and $29,640 per annum with the cafe, this property is perfect for discerning investors or super funds seeking a strong return on investment.
This mixed-use property offers flexibility and endless possibilities-whether you want to lease the commercial space to a new tenant or take advantage of the residential unit.
Don’t miss out on this rare opportunity to invest in a property with significant income potential. Contact us today to arrange a viewing and learn more about what this exceptional mixed-use property has to offer!
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 14 |
Average Price | $965,571 |
Median Price | $970,000 |
Median Rental Price | $600 p.w. |
Change in Rental Rate (5yr) | 50 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 2 |
Average Price | $925,000 |
Median Price | $702,500 |
Median Rental Price | $495 p.w. |
Change in Rental Rate (5yr) | 98 % |
787 Pacific Highway, Belmont South,
New South Wales, 2280