5 Cook Parade, Lemon Tree Passage NSW 2319

Strong investment asset with multiple income streams

For Sale or Lease by Expressions of Interest

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 $49,400*
- 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