SOLD BY LES SVENSSON!
6% Net Return + 1 Bedroom Residence
Great investment opportunity on a 720m2 block. Two storey air conditioned retail/office building, residence at rear and off street parking. Increase your return by renting out the residence for approx $225/wk
- Local retail and commercial zoning
- Lower Level - 95m2 with gross rent $14,400/yr with same tenant since 1/8/2014
- Upper level - 95m2 with gross rent $13,800/yr, term lease commenced 1/1/2019
- Established Bakery - new 5x5 lease with gross rent of $18,200/yr
- 8 carparks at rear.
- Ideally located in the sought after area of Eastern Heights, walking distance to Coles and minutes to the Ipswich CBD.
- Great investment opportunity, call for an IM and inspection today!
Great investment opportunity on a 720m2 block. Two storey air conditioned retail/office building, residence at rear and off street parking. Increase your return by renting out the residence for approx $225/wk
- Local retail and commercial zoning
- Lower Level - 95m2 with gross rent $14,400/yr with same tenant since 1/8/2014
- Upper level - 95m2 with gross rent $13,800/yr, term lease commenced 1/1/2019
- Established Bakery - new 5x5 lease with gross rent of $18,200/yr
- 8 carparks at rear.
- Ideally located in the sought after area of Eastern Heights, walking distance to Coles and minutes to the Ipswich CBD.
- Great investment opportunity, call for an IM and inspection today!