Hamilton Hill apartments offer commercial and residential opportunities

A NEW development in Hamilton Hill will provide property owners with both commercial and residential premises.

Selling agent Tony Romano said buyers could purchase a commercial space and apartment under the same title, which had previously not been the case.

“The idea of urban mixed-use living is unique for the Fremantle/North Coogee area,” he said.

“This type of set-up is common in the United States and on the Australian east coast, particularly in areas where there is a want for people to work and live near expanding residential areas close to city living.

“The boundaries between family life, social life and work are no longer how they used to be and the property environment must adapt and offer flexibility for those who want this kind of diversity.”

The development at 1 Bellion Drive will include one one-bedroom apartment, two two-bedroom apartments and four three-bedroom apartments.

Each will be set above ground-floor commercial premises and have two dedicated car bays.

Anotherr 10 bays will be provided on site for common use.

Mr Romano said the development offered a range of benefits, including the convenience of living above your workplace, raising a family close to work, structuring your own hours and no travelling time, therefore saving on costs.

It also offered an investment opportunity, with property owners able to live upstairs and lease out the commercial space at the normal commercial rates.

Mr Romano said the |location, directly off Cockburn Road, was very |attractive.

“It is between Fremantle and North Coogee, which is ideal for its closeness to amenities and entertainment areas,” he said.

Mr Romano said there had been a lot of interest and one apartment had already sold.

Prices range from $495,000 to $750,000.

For more information, call Mr Romano at NAI Harcourts Realty Plus on 0407 388 139.