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
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