110 Nicholson Street Orbost VIC 3888

A solid performing investment with multiple rental streams that has proven stable over the years.

• Total Land Area 455 Square Meters
• 3 Car Parks (1 Per Leased Area)
• Office - Retail - Empty Space (currently set up as holiday rental accommodation)
• 320 Square Meter Building (Approximately)
• Multiple Rental Income Possibilities

Comprising 3 lettable areas (potential of 4) including office space at the front, retail space in the middle and now boasting accommodation at the rear, this solid old double brick constructed commercial building offers a stable income and now has extra earning capacity! The rear of this building was previously only used as a haphazard storage facility with no rental income however, is now transformed into what can provide a lucrative 3rd income stream as a spacious single bedroom unit for either permanent rental, or, this space would be ideal as an AirB&B with its CBD location.

All in all, this property generates approximately $17,724 per annum.

For a comprehensive discussion and to arrange a private inspection please contact Luke Oakley with Orbost Real Estate today.

Agents available 7 days a week for your convenience.