NEW LISTING by B.J. Bennett & Co Professionals Real Estate Morwell.
Ideal investment property with potential from 3 streams. Prominent commercial premises of approximately 192 square meters with a renovated two bedroom unit and renovated bed sitter on first floor plus two undercover car parks. Projected income would be $12,000 from shop plus outgoings, whilst the 2 bedroom unit would return approximately $170 per week and the bed sitter $100 per week. in all a total income of approximately $26,000 per annum. Showing potential return of approximately 8%.
Shop has front and rear access and is located in busy area next to a Harvey Norman store.
This property would suit owner occupier or investor.
Owner willing to negotiate on asking price.