45 Drayton Street

A rare opportunity to secure one of the district's most recognisable buildings, positioned on a prominent corner allotment in the heart of town. Combining a substantial ground-floor commercial tenancy with spacious residential accommodation above, 45-47 Drayton Street offers versatility, character and multiple income-producing possibilities. Originally constructed in the early 1900s, this iconic building showcases period charm throughout while providing the flexibility to operate a business, lease commercially, or generate dual residential income from the upper level. The upstairs residence features three bedrooms (Potentially five bedrooms depending on setup) and two bathrooms, including a self-contained section complete with its own bedroom, bathroom, Laundry and separate rear access ( Currently tenanted at $720 per month). The remaining residence enjoys spacious living areas, a functional kitchen, wraparound verandas and the timeless character expected from a property of this era. The commercial premises below benefits from excellent exposure on a busy corner position and features a large open-plan retail/showroom space with expansive display windows, high ceilings, timber flooring and a welcoming front counter. Additional storage areas, amenities and flexible workspaces provide scope for a wide range of commercial ventures including retail, hospitality, gallery space, boutique accommodation and more. Currently tenanted at $300 per week on a month to month basis. Significant improvements have been completed approximately four years ago, including updated electrical works, plumbing upgrades, and a roof restoration, providing peace of mind for future owners. Property Features: Large commercial retail/showroom space with excellent street exposure High ceilings, polished timber floors, and character features throughout Extensive glass frontage providing outstanding natural light and display opportunities Reception/service counter and multiple flexible-use areas Wide wraparound timber veranda with elevated township views Renovated country-style kitchen with farmhouse sink and ample cabinetry Separate external access to upper-level accommodation Updated electrical and plumbing systems completed approximately four years ago Roof restoration completed approximately four years ago Security lighting and upgraded switchboard infrastructure Rear service access and external stairway access Prominent corner position with high passing traffic volumes Unique mixed-use opportunity suitable for owner-occupiers, investors, or business operators Steeped in local history and commanding a prominent position within the township, this unique property presents an outstanding opportunity to secure a landmark building with endless potential for both commercial and residential use.