With Abbott Point Expansion and approvals now set to be a reality, a unique commercial investment opportunity has become available returning 9.4% ($540 p.wk or $28,000 p.a) with a $120,000 reduction to $299,000 for a quick sale. Both tenants have 1-2 year lease expectations for secure investor reliance.
A live in commercial operation may also be a negotiable outcome, for what is a bargain based commercial venture. The attached layouts show a building area of 315m2 on a commercially zoned allotment of 822m2. Access is via 228m2 easement into a fully fenced rear garden area, with a 2 car carport and one bedroom flat (could be 2 bedroom). There also exists an opportunity to expand to a larger operation by purchasing an adjacent 450m2 of commercial land also accessed via the said easement.
Call our office to arrange a private inspection.