Presenting a unique investment opportunity in the heart of Yagoona where commerce and comfort converge seamlessly. This exceptional property presents an ideal blend of a versatile commercial shop and a comfortable residential apartment, making it an enticing prospect for savvy investors and business-minded individuals. Not only does this property offer an expansive floorplan, but the added convenience of front and rear lane access and 8 carsapces in total. Offering a prime location for a variety of businesses with a strategically located storefront and high visibility, this property is perfectly positioned to attract foot traffic. The layout provides flexibility for various retail endeavors, offices, or service-oriented businesses.
Above the commercial space, discover a well-appointed two level apartment. This spacious d apartment boasts 2 bedrooms and 1 bathroom, providing a comfortable retreat for the property owner or as a potential rental income source. The modern kitchen, cozy living area, and thoughtfully designed bedrooms offer a perfect balance of style and functionality. This property presents a lucrative investment opportunity with dual income streams - one from the commercial space and another from the residential apartment. Whether you're an entrepreneur looking to establish a business or an investor seeking a well-rounded property, this offering is primed for success.
This Property Features:
- Versatile commercial space with high visibility
- Spacious and well-designed residential apartment
- Strategic location in a growing community
- Potential for dual income streams
The size of Yagoona is approximately 4.6 square kilometres. It has 23 parks covering nearly 8.3% of total area. The population of Yagoona in 2011 was 16,003 people. By 2016 the population was 18,017 showing a population growth of 12.6% in the area during that time. The predominant age group in Yagoona is 0-9 years. Households in Yagoona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yagoona work in a professional occupation. In 2011, 66.5% of the homes in Yagoona were owner-occupied compared with 61% in 2016.
Yagoona has 6,981 properties. Over the last 5 years, Houses in Yagoona have seen a 69.24% increase in median value, while Units have seen a 18.98% increase. As at 31 October 2024:
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