This property is an amazing oppportunity for an investor.
There is a tenant untill 22/5/24 with option to renew.
This commercial building sits on a 804m corner block with good street exposure.
It has 6 off street parking bays and 2 lockable parking bays covered with a shade shed.
The building includes a reception area, 4 private offices, storage and a kitchen area.
Currently leased to May 2024 at $500 per week plus GST, plus outgoings.
The gross rent is $28,600 which is a 5.29% return.
3 bedroom property that is office space, with a toilet and shower facilities.
There is off street parking available.
Would be suitable for doctors offices with one next door to this property.
Rates are $3,436 per annum.
Air conditioned with four separate offices and 1 bedrooms.
Lunch and Kitchen area,
Fantastic exposure property.
Contact the agent for an inspection.