A sensational investment, this large double terrace offers a highly versatile two layout, with a mix of residential and commercial spaces. Fully leased, the property offers strong ongoing returns, low overheads and a blue chip location. Prominently positioned, the property is part of a long established retail strip, set directly opposite Summer Hill Station.
- Established tenants, leases to 2015, combined rental of over $1960 per week, land and water rates paid by tenant
- 170 sqm street front office/shop space, 35 sqm beauty therapy studio, landscaped north-facing courtyard
- Upper level 125 sqm three bedroom residence with gourmet kitchen, spacious living, stylish dining, vast covered terrace
Zoning General Business 3 A
Council rates: approximately $4097 per annum
Water rates: approximately $1354 per annum