Seldom does an opportunity like this present itself. The little building at the front is somewhat of a Hyde Park land mark originally being home to Cocos Shoes.

At the rear was the family home, which has since been tastefully renovated into 3 fully self contained bedrooms, all with living room and en suite. These are currently rented at $250 $240 and $220 per week fully furnished (owner pays power and water).

The shop front has a commercial value of around $1000 per month.

The front shop is currently occupied by the owner and represents good main street exposure. The caveat is that the property is zoned residential (with owner occupancy allowed in the front shop) and as such the perspective purchaser will need to clarify specifics in regard to front shop.

The numbers speak for themselves – positive geared investment – so hard to find.

For more details call more.