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Offers Over $1,100,000
Opportunities like this rarely come to market. Positioned right in the heart of Dunwich, this versatile 607m2 property offers an exciting combination of commercial, residential and future development potential, all within easy walking distance of the ferry terminal, local shops, Dunwich State School and everything this thriving island township has to offer.
With dual access from both Ballow Road and Jack Lane, the property offers excellent flexibility and scope for a range of future uses, subject to the relevant approvals.
At the front of the property, the existing commercial space is currently leased as an art gallery, providing an immediate income stream while offering plenty of potential for an owner-occupier, retail venture, office, studio or other business use. The space has a great street presence and is ready to be transformed to suit your vision.
Positioned at the rear is a separate three-bedroom, one-bathroom residence, complete with generous storage areas and an additional bathroom underneath. The home provides comfortable accommodation and a further income stream, making this an appealing opportunity for investors looking to secure a property with income from day one.
With both the commercial and residential spaces currently leased, the property offers the rare advantage of an established holding income while you consider its longer-term potential.
Whether you're looking for a dual-income investment, a commercial and residential base on North Stradbroke Island, or a property with scope to unlock further potential, this is a unique opportunity in one of Dunwich's most central locations.
Property highlights:
- 607m2 block
- Main street Dunwich location
- Dual access from Ballow Road & Jack Lane
- Separate commercial and residential spaces
- Commercial space currently leased as an art gallery
- Three-bedroom residence at the rear
- Additional bathroom and substantial storage underneath
- Both dwellings currently leased
- Development potential, subject to council approval
- Walking distance to Junner Street ferry terminal, shops and Dunwich State School
- Immediate income with plenty of scope for the future
A rare combination of location, income and opportunity in the heart of Dunwich. Call me today to book your private inspection - 0402 207 099
4 Meegera Place, Point Lookout QLD 4183
Call Chris Ransley on
0402207099
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