Affordable commercial/residential freehold investment opportunity.
Secure 8 year lease to NAB from November 2009 with further options extending to 2021.
Long established tenancy, pre 2000.
Main high street location.
Recently renewed lease to long-term residential tenant.
Substantial 1,835 sqm site with wide retail frontage and dual access.
Mid North Coast growth region, 13 km from Taree (LGA population exceeds 46,000).
Easily managed investment.
Annual CPI rent increases.
Total Net Income: $36,704 pa + GST.