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With the current owner having cared for this premises for over 27 years, as well as utilised as their own shop, residential space, and as an investment property – this rare find with the ideal combination of residential and commercial space is new to the market and ready for a new owner to care for it and reap the benefits as the current owner has for many years.
Located on Fairymead road with excellent exposure to local and passing traffic, this building is situated nearby the main thoroughfare in and out of Bundaberg close to Schools with Bundaberg North High School within 350m, State School within 750m, and Local community parks, shopping centre, tourist attractions, restaurants, pubs, nearby, plus only 2km to Bundaberg Central – this is the perfect location to live and operate a business from.
This space has been recently painted externally, renovated platforms, and structurally sound, offering a neatly presented unit featuring:
- New roof (2019) and landing to top of stairs
- Electric and natural gas
- 3 x colour bond lawn lockers
- 2 large bedrooms with built in robes and ceiling fans
- Bathroom with separate toilet
- Open plan lounge
- Dining and kitchen set to the side to separate areas for comfortable living
- Platform to top of external stairway for ease of access
- Rear gate access and numerous garden sheds throughout
Additionally, the lower level features a commercial purpose built space for the local takeaway/convenience store to lower level with internal and external access to the residential space with dual income opportunities, great enclosed space to allow for seating dining both inside and outside within a secure fenced area.
This popular fish and chip shop is currently for sale with the opportunity to purchase a freehold space with residential living and a fully operational business with all the bells and whistles (inventory) included is also an opportunity worth discussing.
Rental Appraisal for the 2-bedroom unit is $200 - $250 per week, with the current commercial lease in place expiring 7th October 2022 with annual increase of 5% to 2026 with option period in 2022 at market review.
Contact to discuss further and run through how 2022 can see your investment portfolio expand with ample opportunities to explore to suit your needs and desires.
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