149 East Street

Narrandera NSW 2700

356 m²

Apartment

Currently for sale - view listing

Overview

PRIME EAST STREET INVESTMENT THREE INCOME STREAMS! Fully Tenanted

Positioned along East Street in the heart of Narrandera, this versatile mixed-use investment presents an excellent opportunity for investors seeking multiple income streams from one property. Comprising two commercial premises on the ground floor and a beautifully renovated two-bedroom residence upstairs, this property offers a strong combination of commercial and residential income. The upstairs residence has been thoughtfully renovated and offers two bedrooms, two separate living areas, with the second living area providing the flexibility to be utilised as an additional bedroom, home office or second lounge. Adding further appeal is rear lane access, along with front parking, providing convenience for both the commercial tenants and residential occupant. Investment Highlights: - Prime East Street, Narrandera location - Two commercial premises with established tenants - Fully renovated two-bedroom upstairs residence - Two separate living areas, with the second offering flexibility as a third bedroom - Rear lane access - Front parking - Three separate income streams - All three premises currently tenanted - Combined gross rental income of $1,000.76 per week - Annual gross rental income of $52,039.52 THREE INCOME STREAMS. ONE GREAT INVESTMENT. With commercial and residential income all under the one roof, this property provides investors with a diversified income-producing asset in a prominent Narrandera location. Whether you're looking to add to an existing portfolio or secure your first commercial investment, this property offers flexibility, established tenancy and multiple income streams. Asking Price: $650,000 + GST