



* 102 Cahors Road, Padstow available for sale also if you want to purchase two properties in one line for future development potential (Subject to Council Approval). Boasting a commercial premises with great street frontage and an oversized two bedroom unit, this asset is a wonderful addition to your property portfolio or the ideal purchase for a business needing additional accommodation. Currently generating a gross income of $65,000 per annum, this property offers significant rental potential. With excellent foot and vehicle traffic and development opportunities (subject to council approval), it is an ideal investment. Located only 250m to Padstow Train Station, this tenanted investment is what you have been waiting for. Property Highlights: * Downstairs: Leased to a beautifully decorated coffee shop * Upstairs: Two-bedroom residence with separate access, neat bathroom, and open-plan living. * Rear lane access for parking Key Details: * Land Area: 222m² (approx.) * Floor Space Ratio: 2.5:1 * Height Limit: 20m * Zoning: E1 Local Centre * Frontage: 6.1m (approx.) * Location: 250m from Padstow Train Station * Rent: Commercial rented for $700pw; Unit for $550pw For additional information on this potential packed property, please contact Todd Owsnett | 0404 429 103 Josh Sammut | 0430 537 575
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Property ID: 505273284
Original Property ID: 505273284