Kenilworth QLD 4574

$2,188,888.00

2 parking

"Prime Commercial & Residential Investment Property" 7 & 7A Elizabeth Street Kenilworth

Nestled in the vibrant hub of the Sunshine Coast Hinterland, 7 & 7A Elizabeth Street, Kenilworth, Qld, 4574 presents an exceptional proposition for discerning investors and developers. This expansive commercial property stretches across 1263 square metres of prime land and boasts a dual title, increasing its appeal and development potential. Currently, the premises host a mix of flourishing businesses, including a real estate agency, a beauty salon, and a quaint gift shop/café, all of which contribute to a robust and stable rental yield. Accompanying these commercial ventures is a four-bedroom residential dwelling, offering comfortable accommodation. Impressively, the house has retained a consistent tenant for over two decades, ensuring long-term security for future owners. Investors will appreciate the property's strategic position in the main street of Kenilworth, a delightful country town that draws a steady stream of tourists year-round. Just a 40-minute journey from the coastal allure of the Sunshine Coast, this locality perfectly balances rural charm with accessible convenience. The opportunity at hand is not merely an investment; it's a chance to capitalise on a dual offering of commercial and residential spaces with promising returns. Furthermore, the two separate title deeds attached to this asset amplify its potential, inviting imaginative redevelopment possibilities in line with the region's growth. Prospective buyers are invited to delve deeper into the financial and strategic benefits of this unique property. An Information Memorandum detailing the specifics of the investment and the robust financials underpinning its performance is available upon request.
Don't miss the chance to own a cornerstone of Kenilworth's commercial landscape – enquire today to secure your interest in 7 & 7A Elizabeth Street.

Property Details

• Type: Retail
• Parking Comments: Council carpark right beside the Building plus street parking
• Building Area: 297 m² (approx)
• Land Area: 1,260 m² (approx)
• Return Value: 5.25
• Tenancy: Tenanted
• Zone: Retail Shops (previous Medical Centre)