5 Cook Parade, Lemon Tree Passage NSW 2319

Strong investment asset with multiple income streams

For Sale or Lease by Expressions of Interest closing Thursday 21 August 2025 at 4pm (AEST)

This quality mixed-use investment presents multiple income streams and expansive water views. The property comprises a 158sqm* commercial space, formerly occupied as a bottle shop, alongside two well-appointed two-bedroom residential units with generous living and entertaining areas. Additional features include four secure lock-up garages and three dedicated customer parking spaces. This is a strong opportunity for investors or business owners seeking a versatile and secure asset in a desirable waterfront location.

- Current net income of $45,240*
- 454sqm* total building area
- Vacant 158sqm* commercial space with shopfront, cool room and storage
- Two residential apartments totaling 296sqm*, both tenanted
- Each apartment includes two bedrooms, one bathroom and two balconies
- Four secure lock-up garages and three customer parking spaces
- Prominent position opposite Albatross Marina

*Approximately