Rare Freehold Investment
Current rental income is $84,739 pa with a net return of $67,747 pa plus GST. This takes into account for Council Rates, Water Rates, Building Insurance and Land Tax.
5 year lease until February 2018. Occupied by House 2 Home, who specialise in home-wares and gift-wares.
The land area is approximately 588sqm and is virtually boundary to boundary apart from the rear building setback to allow for the parking area. The building has an enormous upper floor about the same size as the ground that nearly doubles the usable building area. The building's roof has been recently and completely replace...
Expressions of Interest
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