This has got to be one of the best value buys on the Mount!
Located on East Street in the heart of town, is this block of 4 dwellings on 3 separate titles. Once a winebar/cafe, chocolate shop and an Indigenous Arts Gallery, these buildings are currently being utilised as a mixture of separate residences and commercial. The zoning is commercial and can therefore be used either which way. All dwellings share a common rear yard.
The property is returning $500/week and the breakdown is as follows:
1. 230 sq m Previously the wine/bar cafe is currently rented for $150/week – residential lease and the chocolate shop which is now a Printing Shop is currently rented for $50/week – commercial lease.
2. 126 sq m Previously the Indigenous Arts Gallery and now a Haberdashery/jewellrey/gents clothing store is rented for $150/week.
3. 126 sq m Previously used as office space has now been very tastefully decorated and has a residential tenant in place at $150/week
A copy of the Sustainability Declaration is available upon request.