Overview

This property presents a rare dual income opportunity, offering exceptional value for astute investors or those looking to run a business in a prime location while living on-site. The property features an ideal roadside shop front, previously utilized as a cafe, restaurant, and bait shop. It is zoned for Medium Density Residential, providing significant development potential. Enjoy the current lifestyle and returns while having the ability to capitalize on future growth.

The residence is located at the rear of the 668sqm lot, ensuring minimal maintenance grounds and maximum privacy. It is spacious and has been updated with brand new bathrooms, a modern kitchen, and upgraded fixtures and fittings. Residents can enjoy peace and quiet along with stunning views of the bay from the large timber deck.

Situated in a picturesque locale, the property is just footsteps away from Victoria Point Jetty and Ferry Terminal, with easy access to the popular Coochiemudlo Island. Victoria Point has experienced significant growth, with development potential becoming increasingly evident in this area, which is less than 45 minutes from Brisbane CBD and just over an hour to the Gold Coast's most popular hubs.

This is an opportunity of a lifetime or a lucrative investment for your future. Act now!

Shopfront Features:

• Blank canvas
• Perfect for shop, cafe, or restaurant
• Stainless steel benchtops
• Indoor/outdoor seating options
• Renovated bathroom
• Rental appraisal: Approx. $50,000 per annum

Rear Residence Features:

• Open plan living
• Renovated kitchen and bathrooms
• Separate living area
• Spacious bedrooms
• Quality timber floorboards throughout
• Built-in robes
• Ample parking
• Easy care yard
• Enormous timber deck with water views
• Approximate market rental return of $850.00 per week

Outgoings:
Council & Water Rates: $974.41 per quarter
Land area: 668sqm approx.

Disclaimer: In preparing this information, we have used our best endeavors to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Location