An opportunity that simply can’t be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside.

Unit 32 & Shop 3 present a unique configuration:

• A two-bedroom residential apartment on the first floor 

• A ground-floor commercial shopfront 

• Internal stairwell connection (currently closed off, easily reinstated) 

• Two separate tenancies, one ownership, dual income 

• Blue-chip inner-city location with ongoing growth and demand 

Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use.

Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom.

This portion is securely leased to long-term tenants at $730 per week, increasing to $760 per week from May 2026, with a lease in place until June 2027.

Downstairs, the approximately 100sqm commercial space is occupied by a well-established personal trainer and private gym, providing stable income with a lease secured until March 2027. The tenancy returns $3,582.80 per month. 

Apartment Features:

• 2 bedrooms, 2 bathrooms 

• 1 secure car space 

• Dedicated study area 

• Master with ensuite, walk-in wardrobe, and balcony access 

• Large private balcony with inner-city outlook 

• Well-appointed kitchen with electric appliances and dishwasher 

• Secure storage cage 

• Ducted air conditioning throughout 

• Access to complex pool and gym 

• Secure building with key fob entry 

Commercial Features:

• Approx. 100sqm open-plan retail space 

• Established long-term tenant (private gym) 

• High-exposure main road position 

• Internal bathroom with shower and toilet 

• Internal stairwell connection (currently used as storage) 

• Shared ground-level parking 

Financial Snapshot:

• Apartment: $730/week, increasing to $760/week (May 2026), lease to June 2027 

• Commercial: $3,582.80/month, CPI increases annually, leased to March 2027 

• Previous Airbnb occupancy: 84% 

• Body corporate, rates, and disclosure available on request

Whether you're seeking a high-performing addition to your portfolio or a strategic long-term hold with multiple exit strategies, this property delivers. Contact us now to book your private inspection!