Mixed use building, fully leased with potential to improve the asset and performance Outstanding position across from Gladstone Park. Northerly views to harbour and lock up garage at rear.
Highlights
* Fully leased mixed-use 3 level building
* 105sqm shop front + 2 residential apts.
* Total annual return $90,340 + GST
* Restaurant $41,200 + GST. Lease exp. 2023
* 2 bedroom apt $550 pw, 1 bedroom apt $395 pw
* Both apartments have outdoor terrace
* Rear lane access at rear, lockup garage
* Zoned B2: Local Centre
* Renovation opportunity, benefit from upgrade