Golden Investment Opportunity For the astute investor who wants security with an annual return of $70,468PA plus outgoings plus G.S.T, This is a return of 7%. This blue chip investment property offers not one; but two; long term current retail tenants, a huge 642 square metre land parcel and approx. 390 square metres of floor space. But wait it gets better!
Located centrally on York Street in Albany's busy shopping district opposite the town hall and the city library, with private parking at the rear; the capital growth potential for the long term investor is unmistakable. The floor space has been divided into two retail outlets, with shared staff facilities, storage room, an office at the rear of the building.
With two long term retail tenants already located on the premises. This represents a rare investment opportunity that will be a valuable inclusion to any investment portfolio. Do the sums on the capital growth expected for York Street properties and you will conclude the figures add up to a valuable investment.
Albany is a thriving port city with a growing population, the central shopping district has traditionally been centred along York Street with major offices for banks, post office, cafes, restaurants, retail shops all found along this major road. York Street is the focal point for visitors to browse the various retail outlets, to savour the Albany hospitality and enjoy the beautiful views of Princess Royal Harbour, prominent from York Street.
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