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Shops 1 & 2/84-86 Horton Street Port Macquarie NSW 2444

  • Shop & Retail
  • 188 m²
  • For Sale, $1.75 Million NO GST going concern

ASX Tenant - 2 Shop investment - Main Street Commercial Port Macquarie

    * Two shops investment
    * ASX listed "the Athletes foot" + vacant shop for lease or owner/occupier use
    * Freehold site
    * Rear access
    * Well maintained
    * Extremely busy location with constant pedestrian and vehicle traffic
    * Strategic CBD land holding
    * Projected gross income circa $142,290.75 PA (GST Exc)
    * Ongoing costs $24,169 PA approx paid by owner (includes Council Rates, Building Insurances, common power, water usage, allowance for R&M, no land tax on single holding basis - rateable value $650,000).
    * Nett Potential Income (fully leased) of circa $118,121.47 PA (GST Exc) and based on asking price of $1.75 Million no GST= a projected return of 6.75 % nett approx. fully leased
    * We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
    * Contact Luke Horton - 0417 406 414
    Raine & Horne Commercial
    Shop 3, 136 William Street, Port Macquarie
    T : 02 6584 0544

    Property Highlights

    Property ID2016863129
    Floor Area188 m²
    Land Area227 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  18 Mar 2021
    Map for Shops 1 & 2/84-86 Horton Street Port Macquarie NSW 2444
    Map for Shops 1 & 2/84-86 Horton Street Port Macquarie NSW 2444Shops 1 & 2/84-86 Horton Street Port Macquarie NSW 2444
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016863129
    Floor Area188 m²
    Land Area227 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  18 Mar 2021
    Raine & Horne Commercial Port Macquarie
    Shop 3, 136 William Street Port Macquarie NSW 2444

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