Well located along Pacific Highway – enjoying unparallel exposure to tens of thousands of cars daily.
This well maintained property with established tenant, of 10 years, is sitting on approximately 373 sqm of land with rear lane access to 10 car spaces.
The property is defined by a restaurant/retail area, separate office and storage.
Its current income is $108,000 net per annum with potential income of $123,000 net per annum.
|R&H Suburb Summary||Houses|
|Number of sales||169|
|Median Rental Price||$1,100 p.w.|
|Change in Rental Rate (5yr)||18 %|
|R&H Suburb Summary||Units|
|Number of sales||85|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||-11 %|