69 Memorial Drive,
Eumundi

5
Beds
|
5
Baths
|
7
Cars

Occupying a prominent 1,619sqm holding in the heart of Eumundi, this exceptional property brings together two residences and two established commercial spaces within one remarkably versatile address.

Offering diversified income (approx $223,900), flexible living arrangements and excellent street exposure, 69 Memorial Drive presents a rare opportunity for investors, business owners, extended families or buyers seeking a unique live-and-work lifestyle.

The beautifully updated upper residence delivers three generous bedrooms, two bathrooms and expansive indoor-outdoor living. High ceilings and herringbone timber flooring create an inviting sense of character, while the contemporary kitchen features extensive cabinetry, quality appliances, a large island bench and separate pantry.

Open-plan living and dining connect through French doors to an impressive covered deck, creating a private setting for year-round entertaining among the established tropical surrounds. The accommodation also includes a walk-in robe, ensuite, dedicated laundry and additional porch and deck areas.

Positioned separately on the lower level, the second residence is fully self-contained and comprises two bedrooms, one bathroom, its own kitchen, living and dining areas, storage and a covered deck. This flexible configuration is ideal for extended family, onsite management, guest accommodation or an additional rental income stream.

The commercial component is currently configured as a substantial fitness and wellness facility, incorporating large gym and studio areas, two bathrooms, storage, covered patios, an outdoor shower and additional covered training space.

A separate street-facing barbershop provides a second commercial tenancy and further strengthens the property's income-producing appeal.

Commercial tenancy income is approximately $109,000 per annum plus GST, with utilities and 40% of the rates also payable by the tenants. Residential rental appraisals indicate approximately $1,200 per week for the upper residence and approximately $800 per week for the lower residence.

This is a genuinely distinctive Eumundi offering, combining character-filled residential accommodation, established commercial activity and multiple potential income streams across one substantial and strategically positioned property.

Property highlights:

  • Prominent 1,619sqm mixed-use holding in central Eumundi
  • Two fully self-contained residential dwellings
  • Three-bedroom, two-bathroom upper residence
  • Two-bedroom, one-bathroom lower residence
  • Contemporary kitchens and generous living spaces
  • High ceilings, VJ detailing and herringbone timber flooring
  • Expansive covered decks and established tropical surrounds
  • Substantial fitness and wellness premises
  • Separate street-facing barbershop tenancy
  • Two additional commercial bathrooms
  • Extensive onsite parking and covered training areas
  • Commercial income of approximately $109,000 per annum plus GST
  • Residential rental potential of approximately $104,000 per annum. Contact us today for further information and inspection times.

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69 Memorial Drive
Price
Forthcoming auction
Next inspection
By appointment
Property information
Land size approx. (sqm)
1,619
Resources
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