If you are looking for a high yield with a good earthquake report, this is the right commercial property for you. Our vendor has owned this property for over 40 years and now it is time for the lucky new owner to take over.
KEY FEATURES:
• Road frontage with excellent exposure
• Freehold 323m² land with 565m² floor area over two levels
• Two ground floor retails and two upstairs spaces with their own entrances
• Car parks at the rear of the building
• Rental income of $81,400 per annum + OPEX and GST
• Handy location close to all local amenities and a short walk to the bus and train stations, and library
• Metropolitan Centre zone for your future development (max height control of 40.5 metres - 10 storeys)
• Earthquake report 101% NBS
CV $1,280,000 as of Jun 2021, Motivated vendor will meet the market to sell it.
Please call the sole listing agent for an inspection and present your offer today.