A corner block of land with two separate shops and a freestanding residence, this rather unusual investment property could be the best income producer in this price range.
• Zoned neighbourhood business
• Two shops, separately leased.
• Two-bedroom residence, separately leased
• Off-street parking and garage
• Customer parking at the front
• Corner position.
• 486 square metres of land
• 12.12 metre Frontage
• Gross rent per year $61,800
The family have had this property for close to 70 years and have decided to sell knowing it not an easy one to price.
If you are looking for an investment that you can improve on over time, this could be a good one.
Council Rates: $813.00 per quarter, approximately
Water Rates: $760.00 per quarter, approximately