Investment Property Providing 7% Return
- Building: 413m²
This "Mixed Use" zone property situated on Main Road Golden Point has a new five year lease in place. A large commercial ground floor space has been the home to a martial arts studio for the past 14 years. It is a versatile space that would suit a number of commercial uses (STCA). Upstairs is a lovely three bedroom townhouse with two bathrooms and a fabulous entertainers kitchen. The lease is for 5 years from 01/09/17 with 2 further 3 year options showing a healthy return of 7% with the tenant paying 100% of building outgoings. Situated for high exposure opposite Sovereign Hill on land of approximately 733m2 includes 9 carparks.