Solid anchor tenant on the ground floor and a new lease for the residential premises makes this an outstanding investment. Current gross rent giving a 5% return with only minor share of outgoings to landlord. Commercial premises recently refurbished by tenant. Rear of property has a large shed accessed from Council parking area and can be used as a garage or storage.
This is a well positioned building with a strong tenancy and great access. Constructed of double brick and having a large residence it will always represent good value.
- Prominent main street position
- Strong tenancy history
- 5% return on investment
- Commercial premises recently refurbished
- Large shed at rear
- Large residence upstairs
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