An exceptional opportunity to secure a fully leased freehold investment in the heart of Maryboroughs CBD. Positioned along prominent Adelaide Street, this attractive heritage-style two-storey property offers strong income potential and long-term versatility, comprising of two ground-floor commercial tenancies and a spacious residential dwelling on the upper level.
Currently occupied by the well-established and popular Cheryl Lyns Cafe, the two commercial spaces (103m squared and 84m squared) provide a reliable rental stream from a long-term tenant. With excellent street exposure and high pedestrian traffic, this location is ideal for continued commercial success.
Upstairs, the full-floor residence (198m squared) offers generous proportions and flexible living arrangements, including open-plan living and dining areas, three bedrooms, two bathrooms, an office/utility room and a functional kitchen. Rear lane access leads to additional covered outdoor living/storage space and secure off-street parking, enhancing the practicality of the site for both commercial and residential use.
This property offers several lettable areas, forming a diverse investment portfolio:
* 220 Ground Floor Shop Premises: 103m squared
* 222 Ground Floor Shop Premises: 84m squared
* Upper Level Residence: 198m squared
* Covered Outdoor Living/Storage Area: 67m squared
Total lettable area is approximately 452m squared
With its prime CBD location, high-exposure frontage, secure tenancies, and heritage appeal, 220-222 Adelaide Street represents a rare and rewarding investment opportunity in Maryboroughs commercial heart.
For further information or to arrange a private inspection, please contact us today.
