Consisting of two separate buildings; with a total of 4 residential flats and 6 commercial shops, this is a unique split risk investment with plenty of future upside.
Featuring:
- Net income approximately $114,000 per annum
- 100% leased
- Huge potential for growth in the rental return
- Development opportunity with 2 street + laneway frontages
- Torrens Title and on a flat block of approximately 700sqm
- Roof has been replaced on the older building
Retirement has brought about the sale of this property that has not been offered for sale in over 40 years.
For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Jason on 0425 302 778 immediately to become qualified and avoid disappointment. Open to all buyers subject to seller approval.