One Chinatown Investment with Multiple Leases
7 Napier Terrace, Broome, WA 6725
Rarely available is this Chinatown investment opportunity on prominent Napier Terrace with four separate areas to lease. Currently the property is being utilised as two ground floor commercial spaces and two first floor residential units.
This is a great mix for generating income with growth potential and in an iconic location.
-Highly visible street front location
-Eastern end of Napier Terrace with views
-Unit 1 ground floor 138m2 commercial space
-Unit 2 ground floor 100m2 commercial space
-Unit 3 first floor 100m2 residence with veranda
-Unit 4 first floor 100m2 residence with veranda
-Ample street and rear parking
-Currently generates 9% net return
This is a rare investment opportunity in Chinatown amongst the recently redeveloped commercial and tourism heart of Broome.