The Sunshine Laundrette is a captivating two-story building situated on a corner plot within a rapidly developing area, boasting three street frontages. This property presents an enticing investment opportunity, positioned in a bustling local shopping district.
The upper floor houses an apartment with two bedrooms, a living room, a kitchen, a dining area, a bathroom, a toilet, a laundry room, and a sunroom, all accessible through a private entrance currently leased for $1,300 per month.
The ground floor comprises an office, a kitchen, a bathroom, and a toilet, each with separate access is currently leased at $900/month.
Additionally, the ground floor accommodates a street-front launderette equipped with 12 washing machines and 11 dryers, generating a stable annual cash flow of around $70,000.
Property features include: Zone 1 Commercial, a substantial corner plot roughly 158m2 in size, and a building area of approximately 220m2. This property is an ideal investment opportunity for both investors and homeowners alike.
To arrange an Inspection, please contact Mitch (Hung) Nguyen on 0478 77 6666 at Professionals St. Albans.
DISCLAIMER Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness.
Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10072680/listing/21230848/1686185878-13448-SOI.pdf