An opportunity exists to get in on the ground floor and invest in this high growth area.
The property is currently used for commercial purposes due to its zoning is returning 5.66% on gross rent from a fantastic tenant. Currently zoned Urban Deferred on a 1014 m2 block with rear lane access also.
Charming character double brick and iron property with polished Jarrah floor boards, new reverse cycle air-conditioners throughout, fully refurbished interior currently leased on a 3+3 year lease and tenanted to a reputable Hair and Beauty Salon.
Features include:
* Large level 1014 m2 block zoned Urban Deferred, possible retain and develop with council approval.
* Solid double brick, fully refurbished character building currently leased for commercial purposes with long term tenant.
* Reverse cycle air-conditioning throughout.
* Security Screens.
* Alarm system.
* Ample parking facilities.
* Main street location in the CBD of Mundijong.
* High growth area surrounded by large estates.
* Surrounded by major shops and medical center.
* Public transport at your doorstep.
A great chance to secure a solid investment and get in on the ground floor.