- Commercially zoned (B2) property
- Currently 2 buildings, one residential and one commercial – both tenanted
- Great location opposite the post office
- High rental return of 7%
- Generous backyard, fully fenced
- 3 bedroom home at the rear with good tenants in place

Offering a fantastic opportunity to secure a commercial building and residential home!

Centrally located in Gloucester and positioned on the high side of the street opposite the Post Office. With an easy walking distance to main street shops and cafes, schools and recreational parks it makes the location ideal!

A commercial building (4m x 13m) is situated at the very front of the block. Directly behind this building is a 3BR residential dwelling. Both of the buildings are currently tenanted with a rental return of 7%.

The backyard is generously sized, almost level, fully fenced and has views of the Bucketts Mountain Range.

Given the location and size of the block, coupled with the commercial (B2) zoning, this property has significant future development potential whilst providing a healthy current rental return for the investor.

The B2 zoning provides for a variety of uses such as commercial premises, community facilities, function centres, child care centres, home businesses, information and education facilities, medical centres, boarding houses, tourist and visitor accommodation to name a few.

Property Code: 709