• 227 Square metres

Description

Situated on southern Princes Street, this freehold property spans four floors and offers a unique mix of residential and commercial spaces. Noteworthy features include an apartment on the top floor and a basement tenancy leading to the renowned No-Name Alley, home to The Steamer Basin Boutique Brewery and Wild Dispensary Limited.
Property Highlights:
• Three income streams from the different floors
• Top floor will be vacant at the time of possession, offering versatility for either owner occupation or enhanced rental income
• Ideal for buyers seeking a blend of residential comfort and passive income, or those looking for a heritage commercial property with development potential
Zoning:
Commercial Mixed Use (DCC 2GP Plan)

This property presents an enticing opportunity for investors and homeowners alike, combining heritage charm with income potential and multiple usage possibilities. Whether you are looking to reside in a character-filled apartment while earning rental income or seeking a strategic investment opportunity, 401 Princes Street offers a compelling proposition.
For more details or to schedule a viewing, contact the exclusive agents.