Offering an impressive combined yield of approximately 7.5% and total annual income of approximately $55,000. This blue-chip investment opportunity would make an excellent addition to your investment portfolio. This building comprises of ground floor office space and two flats upstairs. The office space underwent extensive renovations approximately 9 years ago and has a stable tenant with a 3-year lease with 3-year option. Both upstairs flats also currently have leases in place.
Office Features:
- Annual rental return of $35,750.00 (approx.)
- Great central location, across from the post office
- Front reception area with waiting area and security screens
- Open plan office area
- Directors office
- Separate office and printing room
- Lunchroom with kitchenette
- Internal bathroom facilities
- Storage room
- Private parking at the rear with 3 bay carport
Each Flat Feature:
- Combined annual rental return of $20,000.00 (approx.)
- 2 Bedrooms
- Lounge room
- Dining area
- Kitchen
- Private Bathroom and laundry
- Enclosed verandah / sunroom
With combined yields of approximately 7% this property is sure to see great results in the future. To organise an inspection or for further information, please call Grant Jupe from Raine & Horne Muswellbrook on 6543 2333 or 0405 294 910.
*Please note that land and building measurements are approximate figures.
