LOCATION LOCATION LOCATION * Excellent retail shop continuously tenanted since 2013
* Currently leased at $17,573.64 pa (excluding GST)
* Tenant pays 69% of the council rates
* The property includes a 1 bedroom unit above which could be leased for $200 per week
* As a going concern with office and unit rented at $27,973.64 pa would attract an approximate
return of 8.2%
"All care has been taken in compiling this information sheet but it is prepared on instructions and details supplied by the vendor, for whom we act as agents only, and we cannot accept any responsibility for err...
147-155 Balo Street, MOREE â?¢4 Offices at rear of arcade
â?¢Lovely garden centrepiece
â?¢Ample parking space
â?¢Centre has excellent security - gates at front and rear plus internal alarm
â?¢Owner pays rates of $10,790.70 less $2,326.70(tenant) = $8,464.00
â?¢Nett return of over 10%
- Shop 7 - Leased since 2012 - rental income is $15,363 pa ex GST
- Shop 7A - Leased since 2014 - rental income is $12,149 pa ex GST
- Shop 8 - Leased since 2008 - rental income is $12,720 pa ex GST + $2,326.70 rates
- Shop 9 - Leased since 2013 - rental income is $5,720 pa ex GST
LOCATION: Lovely old building right in the centre of the CBD. Excellent location for retail or office space.
Will be sold with DA Approval to convert upstairs to units. Secure parking in rear laneway. Potential rent of $60,000 - $70,000 for downstairs and upstairs accommodation $30,000 - $35,000.
"All care has been taken in compiling this information sheet but it is prepared on instructions and details suppl...