Take advantage of this great opportunity to purchase 2 shops within the Bega CBD. Ideally located a short block from the main street and directly opposite the Woolworths Shopping complex.
With one shop currently tenanted at $18,645.48 (incl. GST) per annum, this is a great opportunity for a local business to purchase a premise for your own use and have the rent for the other shop help pay off the mortgage.
Alternatively this is a solid entry level investment into Commercial property in Bega. The current 5.2% gross return with the one shop rented represents a better return than most local residential investment properties; with potential for very strong return of over 10% when the 2nd shop is rented out.