ROBUST COMMERCIAL INVESTMENT POSSIBLE 10% RETURNEnquire about a commercial loan
This stunning freehold commercial building, has a new 2 year lease PLUS a 2 year option and a guaranteed purchase date locked in. The new lease shows a return to the owner of $36,400 per annum NET for the commercial premises and with an upstairs 1brm flat possibly able to generate a further $10,000 per annum after some refurbishment, we see this as a BUY.
The building was erected in 1875 and is easily identified as a landmark property in the area. The internal space is spread over 2 luxurious levels and includes app 250sqm of prime modern fitout (without the upstairs flat) and an additional...
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