Exceptionally positioned directly opposite Capel Sound Foreshore with a myriad of walking trails leading to the beach, this incredible package with 204 square meter (approx.) shop sitting beneath a groovy four-bedroom apartment on the upper level presents a golden opportunity to reinvent your life in this sublime beachside location.
Surrounded by funky bars and delicious eateries, the shop comprises a large retail space, storeroom, kitchenette and two toilets and would be ideal for any number of pursuits, or simply kept as a rental investment property, which is currently leased for $25,000pa on a 2 x 5 year lease.
Capturing the glistening water views over the beach, the spacious upstairs apartment flaunts an adorable quirky chic, marrying vintage style and cleverly repurposed materials, along with luminous skylight windows and high-quality appliances to create a truly unique and eclectic space reminiscent of a New York loft.
A gorgeous open plan living and dining area with a gas log fire flows into a large dining area featuring an urban kitchen with moveable timber island bench and stainless-steel appliances, while down the glass hallway, the flexible floorplan boasts bedrooms with built-in robes, plus a large master at the end of the hall with private sundeck for cocktails at sunset.
With plans and permits approved to build up incorporating outdoor entertaining to further capitalise on this beachside location, the apartment includes a storeroom, bathroom/laundry,split-system airconditioning and breeze-controlling Velux roof windows.
A secure investment in an up-and-coming beachside location with ongoing income from the lower level shop, the property is the rare opportunity to combine instant cash flow with apartment living, or operate the apartment as a holiday rental business for approximately $20,000pa, while a strong history of capital growth makes this a fabulous addition to your SMSF or personal holdings.

Property Code: 542