Located in Bellingens eat street precinct offering maximum exposure to the holiday and business trade, this freehold commercial building with 3 separate tenancies would compliment the investors portfolio or ideal for the owner occupier. Consisting of a ground floor commercial premises previously utilised as a cafe/restaurant, upstairs studio office, and separate shed currently leased. The option is here to occupy while still getting a income, or rent the entire building and capitalise on great returns and a blue chip position for the future. Being the hub of Bellingens cafe and eatery scene, Church St has had the benefit from a major street scape upgrade and added facilities. Get in before the next price rise ! heaps of potential and a perfect acquisition for the future.
Approximate Areas:
- Restaurant/cafe: 132m2 appx
- Office: 46m2
- Shed: 148m2
TOTAL 326m2
Approximate Outgoings:
- Council Rates $2,300p.a.
- Building Insurance $2600p.a.
Current Assessed Total Annual Returns $46,800.
Property Report/Profile available on request