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.
