This very well kept shop and residence is a great opportunity to enter or grow your commercial portfolio with its low risk high yield return.
Ground floor has been occupied by well established doctors surgery for over 20 years and is 1 year into a 5×5 year lease.
1st floor is a nice clean and spacious 2 bedroom unit. currently rented at $320pw(market rent $380pw – $420pw).
Figures:
Ground floor $26,780pa + GST
1st Floor $16,640pa