16 Elizabeth Street Pottsville NSW 2489

Real Specialist Commercial are pleased to offer for sale 16 Elizabeth St, Pottsville by Offers to Purchase closing Friday 2nd July 2021

The property is a very well presented freestanding building in the heart of the Pottsville CBD, with a mix of commercial and residential units on one title with 2 street access fronting Phillip St and Elizabeth St.

Perfectly positioned opposite Pottsville Creek and surrounded by cafes, restaurants and quality retailers, this site is a rarely available opportunity to purchase a freestanding building in this idyllic location.

The building consists of 4 fully tenanted commercial shops plus 4 x 3 bedroom residential apartments with balconies overlooking the park and creek.

The commercial shop fronts are leased with an income of approx. $101,490 pa net and the residential units are returning approx. $93,600 pa gross combined income of approx. $195,090 pa.

The 4 residential units are large renovated 3 bedroom / 2 bathroom apartments with large balconies and terraces with lock up garages and 2 street access.

The commercial shop fronts are fully leased to 4 long term tenants and are very well presented with grease traps and parking at door.

Combined commercial and residential floor space is approx 1,340m2 over 3 levels.

The opportunity to purchase an income producing freestanding building in the Pottsville CBD is very rarely available and astute investors should not miss the opportunity to own this impressive asset.