PRIME CBD FREEHOLD INVESTMENT - 1141M2

Positioned in the heart of the CBD, this commercial property offers a rare combination of a secure medical tenancy, additional leased office space and a spacious on site upstairs residence. Surrounded by long established businesses, including Mitre 10, a popular hotel, a stationery and business machine supplier and a major car dealership, the location provides strong commercial appeal and constant local activity.

The primary lessee is a long standing medical practice which occupies approximately 192 sqm of the well maintained main building. Above the practice sits a substantial 136 sqm (approx) residence which is also leased providing an additional income stream. This two storey commercial space and residence structure has been modernised in recent years whilst retaining its classic character, ensuring both comfort and durability. A separate detached office building of approximately 95 sqm sits to the rear, also maintained to a high standard and leased to a quality tenant. Excellent on site parking accommodates up to 17 vehicles with the site partly bitumen sealed.

This property delivers stable rental income, supported by consistent maintenance and thoughtful upgrades that have ensured long term cost effectiveness for the owner. The property is undoubtedly a quality investment in a proven commercial location.

Contact the realestate PROFESSIONALS today to arrange a private inspection – viewings are strictly by appointment only.