10/27 Waterman Place presents an outstanding opportunity to secure a versatile live/work unit within a tightly held development in the heart of Ferrymead.
This two level unit offers excellent functionality, with two dedicated car parks located directly at the front door for ultimate convenience.
The upper level comprises a well appointed two bedroom apartment, currently tenanted on a fixed term lease through to July 2026, returning $485 per week. This provides immediate holding income and future flexibility.
The ground floor is configured as an office unit and is offered with vacant possession, making it ideal for owner occupiers or investors seeking an additional income stream.
Positioned at the rear of the development, the unit benefits from easy access while still enjoying strong visibility. The property will appeal to a broad range of purchasers, including those planning to occupy the office while living upstairs once the residential lease concludes, or investors seeking an attractive split risk asset with dual income and long term flexibility.
For sale by Deadline Private Treaty closing 4pm, Thursday 12 March 2026 (unless sold prior).
*Boundary lines are indicative only.
Features:
* 128 sq m (approx) split over two levels
* Ground floor office with vacant possession
* First floor residential apartment leased at $485 per week on fixed term lease
* Two on site car parks
* Appealing to both investors and owner occupiers
* Flexible live/work configuration
