RARE LORN COMMERCIAL PROPERTY WITH RESIDENTIAL INCOME
This amazing commercial/residential opportunity has arrived in pristine Lorn. Currently returning a residential rental of $485.00 per week across 2 separate flats, we see the potential of increasing the yield dramatically when the current leases expire.
Well positioned right in the hub of the main street, the interior of the building consists of 2 x Fully self-contained 1brm flats. The front unit has been renovated providing a higher yield while the rear unit would benefit immensely from a mini makeover potentially increasing the gross rent to over $500.00 per week.
Commercially, we would ...