32/78 Brookes Street

An opportunity that simply can't be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside. Unit 32 & Shop 3 present a unique configuration: A two-bedroom residential apartment on the first floor A ground-floor commercial shopfront Internal stairwell connection (currently closed off, easily reinstated) Two separate tenancies, one ownership, dual income Blue-chip inner-city location with ongoing growth and demand Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use. Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom. This portion is securely leased to long-term tenants at $730 per week, increasing to $760 per week from May 2026, with a lease in place until June 2027. Downstairs, the approximately 100sqm commercial space is occupied by a well-established personal trainer and private gym, providing stable income with a lease secured until March 2027. The tenancy returns $3,582.80 per month. Apartment Features: 2 bedrooms, 2 bathrooms 1 secure car space Dedicated study area Master with ensuite, walk-in wardrobe, and balcony access Large private balcony with inner-city outlook Well-appointed kitchen with electric appliances and dishwasher Secure storage cage Ducted air conditioning throughout Access to complex pool and gym Secure building with key fob entry Commercial Features: Approx. 100sqm open-plan retail space Established long-term tenant (private gym) High-exposure main road position Internal bathroom with shower and toilet Internal stairwell connection (currently used as storage) Shared ground-level parking Financial Snapshot: Apartment: $730/week, increasing to $760/week (May 2026), lease to June 2027 Commercial: $3,582.80/month, CPI increases annually, leased to March 2027 Previous Airbnb occupancy: 84% Body corporate, rates, and disclosure available on request Whether you're seeking a high-performing addition to your portfolio or a strategic long-term hold with multiple exit strategies, this property delivers. Contact us now to book your private inspection!