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359 Princes Highway, Woonona
$2,100,000 - $2,200,000 (Excl GST)
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For Sale
Property Details
Property Type
Retail
Other
Land 613m²
Floor 316m²
Parking 6
Rare Mixed Use Investment Opportunity
Offered in its centenary year, 359 Princes Highway, Woonona presents a rare mixed-use opportunity in the heart of Woonona's CBD, positioned directly opposite McDonald's and at the gateway to Woonona from the northern end.
Originally built as a bank, the building retains its vintage character, with the bar and wine storage set within the original vault.
While the ground floor provides restaurant and bar space, the true point of difference is the immaculate residential apartment above, a beautifully presented home in a tightly held prestigious northern suburb.
The upstairs apartment delivers genuine lifestyle appeal with privacy above the activity below, and a level of presentation rarely found in mixed-use holdings.
It is ideally suited to an owner-occupier seeking a standout residence with a commercial component underneath, or an investor pursuing flexibility through multiple income streams.
The residence also supports a range of strategies, including owner-operator accommodation, a manager's residence, or an additional leasing component depending on your approach.
Downstairs, the hospitality space complements the asset as a highly visible ground floor use, benefiting from strong exposure in a high-profile gateway position.
A mixed-use property with this level of residential presentation, in a location this prominent, is rarely offered.
For further information, or to arrange an inspection, please contact the Exclusive Selling Agents;
Chris | 0451 714 441
Martin | 0412 424 226
Residential: approx. 159 sqm
Commercial: approx. 157 sqm
Land Area: approx. 613 sqm
- Mixed-use, multi-asset class property on a single title
- Dual-income potential
- Gateway position into Woonona from the north
- Former bank building, bar and wine storage within the original vault
- Broad buyer appeal, investor, owner-occupier, home plus income
- Rear laneway access
- Development potential, subject to approvals
Residential:
- Three-bedroom apartment with a vintage feel
- Lift access to the kitchen level
- Zoned ducted air conditioning
- Separate sitting room plus sunroom and dining room
- Premium-grade kitchen with a large stainless-steel benchtop
- Pressed metal ceilings throughout
Commercial Space:
- Ready-to-go commercial kitchen
- Air-conditioned commercial space
- Extractor plus replacement air intake
- Cool room plus storeroom
- Bar and wine storage within the original vault
- Three toilets including an accessible toilet plus urinals
- Accessible entry plus side auto-door access
- Grease trap
- Separate water meters and separate electricity metering
- Liquor licence noted for internal and external areas, subject to transfer and authority approval
Property Brochures
- Property ID VS1HQZ
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Property Sidebar
For Sale
Property Details
Property Type
Retail
Other
Land 613m²
Floor 316m²
Parking 6
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