New Listing

$850,000

  • 363.9m²
  • 3
  • 2
  • 4
Property Type

Commercial + Residence

Address

43 Church Street

Region

Gloucester

Postcode

2422

Property Description

Commercial Premises with Residence

Solid anchor tenant on the ground floor and a residential lease for the upstairs premises makes this an outstanding investment. Current gross rent giving a 4.45% return with only minor share of outgoings to landlord. Commercial premises recently refurbished by tenant. Rear of property has a large shed accessed from Council parking area and can be used as a garage or storage.

This is a well positioned building with a strong tenancy and great access. Constructed of double brick and having a large residence it will always represent good value.

 

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02 6558 2008

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