This freehold vacant land and commercial shop with two street frontages and rear laneway provides a unique opportunity to complement income from the commercial shop with a residential development.

The existing approx 55sqm shop is an established beauty salon that is returning $11,275 per annum with CPI increases. However, the real value of this site is to follow the lead of other shops in the strip and add a residential component. To get you started plans have been developed to construct two apartments on the site. Each apartment has two bedrooms with ensuites, open plan living, balcony and a double car garage.

Don't let this unique opportunity pass.