Not only do the numbers stack up as an investment for this property; you will be buying a piece of Candelo history that has been lovingly restored.
This impressive structure has a long history in Candelo and the current owners have spent a number of years ensuring it will continue to be a key part of the Candelo architectural landscape for years to come.
The Post Office has called 52 William St home since the 1960s and with a lease in place through February 2023 this is a secure investment with good returns. This area is separately metered from the upstairs home.
Upstairs there is a surprisingly large home with 2 large bedrooms and 2 built in verandah rooms that could be used as extra bedrooms or an office space. With renovated bathroom and lovely decks at the front and the back of the property. The upstairs is currently rented until August 2022 at $250 per week.
At the back of the block there are also two good sized, secure sheds. The roof was replaced in 2012 and the current owners have been fastidious with maintenance. You can purchase this property with confidence in the structure of the building.
With gross annual income of over $24,000pa (with both upstairs and downstairs let) this is a affordable way to get into the investment market.
Call today to arrange an inspection.