Look Here Potential 6% Return.
2 Tenancies ensure maximum return and less risk.
Consisting of a blank canvas shop perfectly suited to retail or service use, and an adjoining 2 bedroom residence - ideal to live and work from the one space. This property provides excellent value and a unique opportunity STCA.
Located in a highly convenient position just off Latrobe Terrace, and surrounded by unrivalled public transport connectivity with immediate access to both Geelong and South Geelong Stations, this property is only 2km from Geelong CBD's biggest shopping centres - Westfield and Market Square, Geelong's waterfront and a short 5 minute walk to GMHBA Stadium, home of the Cats.
Comprising of 2 generous sized bedrooms, lounge, dining/kitchen with original features throughout and hardwood floorboards. One of the bedrooms has French doors opening out onto the private al fresco area. The updated kitchen comes with plenty of bench space and storage with stainless steel appliances including dishwasher. The functional bathroom with shower and separate toilet is to the rear of the home. Features include glass panelled doors, stained glass window, fireplace, timber windows and high ceilings. The backyard complete with decked area is ideal for outdoor entertaining.
Zoning: Commercial 1
House Rent $350pw approx.($18,000 p.a)
Shop Rental $285pw approx.($15,000 p.a)
Offered with vacant possession
Land area 292 sqm (approx.)
Reverse cycle air-conditioning in both home and shop
Perfect for owner occupier or investor
Private rear access
This property has endless possibilities.
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
