"Investment Opportunity Not To Be Missed"

Looking to buy into the property market or increase your current portfolio? Then look no further. An ideal investment opportunity to own a freehold building consisting of two street level retail shops and a first floor self contained three bedroom apartment. The property is situated in a prominent residential area with great exposure, parking facilities and constant passing traffic.

- Shop 1 - Leased as a Hair & Beauty Salon (3 x 3 year lease)
Current Rent: $353.60 per week; 1/3 outgoings paid by tenant; approx $490.00 per quarter (Includes insurance, water and council rates)

- Shop 2 - Leased as a Take Away Shop/Mixed Business (6 x 6 year lease) Current Rent: $350.20 per week; 1/3 outgoings paid by tenant; approx $490.00 per quarter (Includes insurance, water and council rates)

- First floor fully self contained 3 bedroom apartment, open plan living and dining areas, updated kitchen with electrical appliances, internal laundry, entertainment area on private balcony and lock up garage - Approximate rent achievable $400 per week.

Current Rent per annum including outgoings paid by both ground floor shops is $40,517.60. Potential rent per annum including lease of apartment is $61,317.60.

Committed Vendors - All written offers will be submitted for consideration. No GST payable on the sale price! What are you waiting for - Email us at propertygroup@harcourts.com.au or Call Cristina 0414 59 52 56 or Peter 0412 477 416 to arrange an inspection.