Under Contract

$580,000

  • 714.5
  • 4
  • 2
  • 2
Property Type

Residential + Commercial

Address

117 Church Street

Region

Gloucester

Postcode

2422

Property Description

Well positioned investment property with long term tenants. This unique opportunity combines a separate shop front building with a 4 bedroom residence at the rear. The building itself is in good repair and the commercial kitchen and restaurant is in excellent order. High traffic location next to Woolworths and Caltex ensures good exposure for the shop. Currently tenanted as a whole with the tenants paying all outgoings in a lease valid to February 2026 with CPI increases annually. Return is 5.7% at present with monthly payments. A good solid investment!

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02 6558 2008

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