Location View more

$645,000

41 Sooning Street, Nelly Bay, QLD 4819

Unique Lifestyle Opportunity - Mixed Use Residential and Commercial

Opportunity knocks to run your own business from the comfort of your own home with combined residential and commercial premises all in one.

Set on a 1462m2 block zoned Tourist Core with excellent shop frontage on the islands main arterial road there is always locals and tourists passing by. Situated in the hub of the island with Mitre 10 hardware next-door and close by are a supermarket, chemist, medical centre and also the islands only primary school.

The home is spacious with 3 bedrooms open plan lounge and dining, the kitchen is abundant with cupboards and bench space & has a great outdoor entertainers patio with BBQ looking out to the tropical landscape gardens & sparkling inground pool.

Step through from your beautiful home into your own commercial premises consisting of over 100m2 open floor space, which can be easily modified or altered to suit a myriad of business types. Fully air-conditioned throughout with its own bathroom and toilet. There is potential for additional off street parking or drive through driveway at the front subject to council approval. Previously housed a long-standing & successful business, which still operates on the island.

This property has great investment potential the residence is currently rented for $400 per week and Magnetic Island is currently experiencing almost 0% vacancy for residential rentals. Lease the Commercial space for approx. $20,000 - $25,000 PA separate or in addition to the home, this would represent 6% - 8% investment returns.

Owner is ready to retire is motivated to sell and will consider reasonable offers.
Don't delay call MaryAnne Ph. 0417 750 500 for an appointment to view today.