2 Lyell Street offers investors the opportunity to acquire this well positioned modern strata unit that is one 3 strata units in this small strata development.
Situated on the corner of Lyell and Barrier Streets this property provided extensive Street exposure. The 3 units have been extensively upgraded over the last few years and the property and grounds have been well maintained by the vendors.
Fyshwick has traditionally been a tightly held market and this listing is a rare opportunity to secure a tenanted investment.
* One of 3 strata units providing two tenancies
* Onsite parking for 4 vehicles
* Ground Floor - 378sqm ( terms agreed however a new lease is yet to be executed, prop0sed new term of 5 year anticipated to commence 29 June 2021)
* Level 1 - 199sqm ( new lease 2 year term commenced April 2021 )
* Total Gross building area 577m2
Anticipated net yield range of 6.25-6.5% (estimated)
Please call the exclusive listing agent:
BMR Commercial on 0402 673 547