This two-storey freehold building is positioned perfectly in the outer CBD area, offering a great investment opportunity. Features of this property include:
Ground Floor Shop: Recently leased at $1,516.65 per month ($18,199.80 per annum) on a secure 3 + 3 Year Lease.
First Floor Flat: The residential tenant is paying $330 per week ($17,207.14 per annum) for a spacious 3-bedroom, 1-bathroom flat with a generous kitchen, dining, and living area.
Total Rental Income: Combining the income from both the residence and shop, the property yields $35,406.94, making it an excellent investment.
Carport and Backyard: The property features a carport and a backyard at the rear.
Prime Central Location: It is conveniently located in the heart of the area.
This is a prime investment opportunity at a reasonable price that shouldn't be overlooked! For additional details or to schedule an inspection, please do not hesitate to contact Darren McArthur.