Commercial Yields, Residential Prices!
Property ID: 20064030
Purchase Price: $595K
Net Rent: $46,801
Net Yield: 7.8%
This property is on a large corner allotment and has the potential for further development (STCA). Strong city with the local population being in excess of 80,000 people.
*Multiple Streams of Income
*Two commercial tenancies (Separately titled)
*Commercial tenancy 1 has a 5 bedroom residence adjoined
*Commercial tenancy 2 is freestanding
*Tenant 1 to sign a new 3-year lease on the residence and commercial premises.
*Tenant 2 is already in a current lease
*Site includes off-street parking
*Large 1613m2 corner allotment with future development potential (S.T.C.A)
*Tier 1 regional city.
If you would like more information please call We Find Houses on 1800 600 890.