A commercial and residential opportunity in 1 property! Within 1km of the CBD and smack bang in the middle of bustling South Brisbane 10E at 46 Merivale St is the perfect location for an investment and an unbeatable place to live. Upstairs is a fully furnished, split level 1 bedroom residential apartment. Completely separate and downstairs is “Chuffed” a popular local coffee shop with an 8 year commercial lease. This truly is a unique opportunity for investors, take note, it gets better with both the car parks also leased out separately. Three incomes streams, one property!

• Coffee Shop ” Chuffed ” is currently leased for $697 Per Week – 4% Annual Increase – 8 Year Lease.

• Fully Furnished Apartment is currently rented for $580 Per Week.

• Two secure car spaces, leased separately for $210 Per Month each.

Favorite Features Include:

• Fully Furnished Apartment
• Commercial space downstairs
• 2 Secure Car Parks
• 1 Contemporary bathroom includes floor to ceiling tiles
• Spacious Multi Purpose Room in the apartment.
• Ducted air conditioning and secure entry.
• Internal Laundry
• Situated within the Brisbane State High School catchment area.
• Close to the City Cat terminal, Bus and Train.

With more outstanding features than listed here an inspection is essential to fully appreciate all this property has to offer.

Take advantage of this exceptional opportunity!

Call Matt Sale & Dely Drakostamatis now.
0423 182 354