An Opportunity Rare To Market

Opportunities like this rarely come to market. Positioned right in the heart of Dunwich, this versatile 607m2 property offers an exciting combination of commercial, residential and future development potential, all within easy walking distance of the ferry terminal, local shops, Dunwich State School and everything this thriving island township has to offer.

With dual access from both Ballow Road and Jack Lane, the property offers excellent flexibility and scope for a range of future uses, subject to the relevant approvals.

At the front of the property, the existing commercial space is currently leased as an art gallery, providing an immediate income stream while offering plenty of potential for an owner-occupier, retail venture, office, studio or other business use. The space has a great street presence and is ready to be transformed to suit your vision.

Positioned at the rear is a separate three-bedroom, one-bathroom residence, complete with generous storage areas and an additional bathroom underneath. The home provides comfortable accommodation and a further income stream, making this an appealing opportunity for investors looking to secure a property with income from day one.

With both the commercial and residential spaces currently leased, the property offers the rare advantage of an established holding income while you consider its longer-term potential.

Whether you're looking for a dual-income investment, a commercial and residential base on North Stradbroke Island, or a property with scope to unlock further potential, this is a unique opportunity in one of Dunwich's most central locations.

Property highlights:

- 607m2 block
- Main street Dunwich location
- Dual access from Ballow Road & Jack Lane
- Separate commercial and residential spaces
- Commercial space currently leased as an art gallery
- Three-bedroom residence at the rear
- Additional bathroom and substantial storage underneath
- Both dwellings currently leased
- Development potential, subject to council approval
- Walking distance to Junner Street ferry terminal, shops and Dunwich State School
- Immediate income with plenty of scope for the future

A rare combination of location, income and opportunity in the heart of Dunwich. Call me today to book your private inspection - 0402 207 099

Inspections

Explore the area

School catchments

Dunwich State School Primary Prep-6 Government 0.39km
The Industry School - Redlands Secondary 10-12 Independent 12.3km
Star of the Sea Primary School Primary Prep-6 Catholic 12.7km
Cleveland State School Primary Prep-6 Government 13.5km
The Industry School - Redlands (Cleveland) Secondary Independent 13.9km
MacLeay Island State School Primary Prep-6 Government 13.9km
Victoria Point State School Primary Prep-6 Government 14.1km
Faith Lutheran College - Redlands Primary Prep-12 Independent 14.4km
Ormiston State School Primary Prep-6 Government 14.4km
Y Schools Queensland - Logan (Victoria Point Campus) Secondary Independent 14.5km
Cleveland District State High School Secondary 7-12 Government 14.5km
Thornlands State School Primary Prep-6 Government 14.8km
Faith Lutheran College - Redlands - Beveridge Road Campus Combined Independent 14.8km
St Rita's Primary School Primary Prep-6 Catholic 14.9km
Carmel College Secondary 7-12 Catholic 15.3km
Ormiston College Combined Prep-12 Independent 15.4km
Victoria Point State High School Secondary 7-12 Government 15.6km
Bay View State School Primary Prep-6 Government 15.7km
The BUSY School - Cleveland Campus Secondary Independent 15.9km
Wellington Point State School Primary Prep-6 Government 16.2km
Redlands College Combined Prep-12 Independent 16.9km
Russell Island State School Primary Prep-6 Government 17.0km
Wellington Point State High School Secondary 7-12 Government 17.2km
Sheldon College Combined Prep-12 Independent 18.5km
Alexandra Hills State High School Secondary 7-12 Government 18.8km
Alexandra Hills TAFE Senior Studies Program Secondary Government 19.2km
Capalaba State College Combined Prep-12 Government 21.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.