Set on a generous 1,619m² allotment, this mixed-use property comprises separate upper-level residential accommodation and ground-floor commercial premises, designed to allow each component to operate independently. The configuration presents dual income potential. ______________________________________________ Residential Component – Upper Level The upper level is dedicated to spacious residential living and is currently leased, providing immediate holding income. The residence features four bedrooms and an open-plan kitchen, living, and dining area. The master bedroom includes a walk-in wardrobe, private ensuite, and access to the rear veranda. Three additional bedrooms are generously sized, each fitted with built-in wardrobes and offering direct access to the front veranda with tinted windows. The well-appointed kitchen includes a gas cooktop and ample storage. The main bathroom is fitted with heat lights, shower, and vanity, with a separate toilet, while the ensuite includes heat lights, shower, vanity, and toilet. A functional laundry provides a wash tub and storage cupboard, and solar panels are installed to assist with energy efficiency. The residence is currently leased at $500 per week with the tenancy on a periodic lease, allowing flexibility for future planning. ________________________________________ Commercial Component – Ground Level The ground floor is currently utilised as a grocery and takeaway premises, offering income potential for investors or owner-operators (subject to authority approvals). The commercial space includes an established grocery and takeaway layout with an existing customer base. The fully equipped commercial kitchen includes a six-burner gas stove, deep fryer, self-cooking centre, microwave, meat slicer and weighing machine, stainless steel benches and preparation areas, a two-door freezer, and additional refrigeration. Further features include a cold room with deep freezers and shelving, a modern counter and service area with espresso coffee machine and grinder, hot box, cake fridge, food display units, and flat-screen TV. The shop floor is fitted with multiple fridges, deep freezers, food display fridges, and extensive shelving. Approximately 28 seats are provided across indoor and outdoor dining areas, with potential to expand, subject to approvals. Fujitsu air conditioning is installed. Additional amenities include an air-conditioned office with flat-screen TVs, filing cabinet, benches, printer, and Lenovo computer, a dedicated storage room with shelving and tiled bench, and two unisex toilets within the commercial area. ______________________________________________ Additional Features & Infrastructure Three 22,500L water tanks with filtration system are installed. The rear outdoor service area includes gas bottles, bins, and service access. Separate residential and commercial entry points enhance functionality and flexibility. The property offers potential for dual income streams, highway exposure, and adaptability for future use, subject to leasing, approvals, and buyer requirements. ______________________________________________ Investment Opportunity This property presents an opportunity to acquire a mixed-use holding comprising a takeaway and convenience store with residential accommodation above. Its configuration, exposure, and existing setup offer potential for diversified income and long-term flexibility. The ability to lease or occupy each component separately provides adaptability for investors, owner-operators, or those seeking a live-in business opportunity, subject to all relevant approvals. ________________________________________ Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own searches and independent inquiries. Any descriptions, or references to potential uses are indicative only and subject to council approval where applicable. If the business has caught your eye, it can also be purchased separately. Please contact Tammy Kruger on 0438126067 to discuss further
RealistIQ deal score
Neutral value signal
12
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 76 Coulson Street, Blackbutt before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $78,000 above RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $614,000 - $1,027,000Wider ranges mean more uncertainty.
RealistIQ estimate$821,000
Market price guide$899,000
$614,000$1,027,000
Before you inspect, check what similar properties actually sold for.
