This great commercial building is located in the heart of Kurri Kurri & has a lot to offer!
The 2 story property has the only Newsagents in Kurri Kurri currently on lease returning $3100 per month which includes all out goings except for water usage. The tenants are on a lease until May 2016 with a 4 year option at the end of the term.
Upstairs is a lovely full sized 3 bedroom flat with large bedrooms, brand new bathroom, updated kitchen and 2 living areas. The courtyard is cement with a fence all the way around. You will very surprised once you take a look! The flat is currently returning $250 per week rent.
The property is zoned B2 Local Centre and in total you would be looking at an approximate 8.4% return.
For more information contact Mathew Sylvester today on 0401 255 656.