The property presents well and has 4 fully leased retail tenancies on the ground floor with a net income of approx $101,940pa
The first floor area is approx 370m2 of recently refurbished vacant office space that is available to lease either as one area or as 6 smaller tenancies. The projected income on this space is approx $74,000 net.
At the rear of the property fronting McGregor St is a separate 2 story structure containing a 2 bedroom residential unit on the upper floor and commercial amenities and undercover parking on the ground floor. The 2 bedroom unit is currently leased at a rate of $13,000pa ($250pw)
The current net income is approx $99,940.00pa after unrecoverable outgoings, with a projected net income of approx $188,940.00
Please contact the agents for more information or to arrange an appointment.