HISTORY of
41-45 Comur Street; Yass”Williamson Building”
Circa 1860, this superb commercial building was once the home to TP Williamson and his family who took up residence in 1897.
TP Williamson came to Yass from Bathurst in 1880 and was a first class baker who delivered bread in a basket. He went on to build a small empire in Yass including the AGS Bank, cordial factory, the 83 Garage, a movie theatre, skating rink and the local Ford dealership.
NOW
The building was restored in 1986 and has remained a combination of commercial space on the ground floor and residential space on the second level ever since.
The property has the unique advantage of having covered rear car parking and plenty of space for further development, all accessed from the main street.
The property has been well maintained by the vendors and has enjoyed a nil vacancy rate over many years. Set on a 1007sqm this is one of the better historic commercial buildings available in Yass.
SUMMARY
Current Gross Rental Return – Commercial – $26,525 per annum (inclusive of GST)
Residential – $20,800 per annum
Ground Floor: 2 x Commercial shop fronts of approx. 82.81sqm and 94.64sqm
Second Floor: 2 x Residential flats comprising of 1 and 2 bedrooms each with the use of a residential balcony of approx. 103sqm in total.
AT A GLANCE:
* Titles: Lot 1 DP: 733760 & Lot 11 DP: 1071764
* Building Size: 354sqm approx. (both levels) + Residential balcony 103sqm
* Building foot print approx. 177.45 sqm
* Gross rental return $47,325 (before outgoings)
* Block Size: Lot 1- 871.3 sqm
Lot 11- 136.4sqm
* Rates: $4376.61 per annum
* Zoning: 3(a) Business Zone
* Double brick construction
* Private rear car parking including 2 x carports
* Driveway onto Comur Street
* 2 x business and 2 x residential tenants
Property is to be sold as a going concern, GST exempt basis where applicable.
Inspections by appointment with agent only. “All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries”.