45 Main Street.., TAMBORINE MOUNTAIN QLD 4272
New Price $597,000
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- Retail, Hotel / Leisure
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- 30 Sep 2016
Great position with great returns!
"Rhoda's Place" has a long history and is well known on the mountain for its location since the early 1900's on Main Street.
This business opportunity offers unique scope to secure a strong passive income. Currently the property has three long-term well established leases, each providing a strong return. The three existing leases are returning an annual net of $34,600.
Equally there is an opportunity for redevelopment to provide for new or emerging business opportunities in North Tamborine Village business precinct.
Historic home has original V.J.'s with many characteristics of a classic Queenslander.
- Two bedrooms, sleep-out, central hallway
- Open plan living, dining, kitchen with wood combustion stove
- Bathroom with toilet
- Laundry and back veranda
Small shop - with good local custom, catering for mountain pets
Very small shop - 25-30 m2. Currently well-known Dog Wash.
Love a Mountain life-style with income and redevelopment potential?
Please contact Ton Wolf/Paul Edwards or our office to inspect.
(at least 24 hours' notice to inspect residence)
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
45 Main Street.. TAMBORINE MOUNTAIN