This historic building located within the CBD is set on a 392 sqm block (one title) with rear access from the RSL Carpark, currently leased to both Retail and Residential tenants. The ground floor two units are leased separately with both having access to own amenities, a roller shutter to the front of one unit and an additional upstairs area to the other unit, which is ideal for an additional showroom area or office. The first floor residential studio apartments have their own separate access via secure street gate. The premise is currently returning approx $46,400 per annum.
The rear yard is currently used to store two containers that will be removed at sale of property. This property will provide an ideal investment opportunity for both the investor or owner occupier alike.
|Zoning||B3 Commercial Core|
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|R&H Suburb Summary||Houses|
|Number of sales||130|
|Median Rental Price||$340 p.w.|
|Change in Rental Rate (5yr)||13 %|
|R&H Suburb Summary||Units|
|Number of sales||45|
|Median Rental Price||$285 p.w.|
|Change in Rental Rate (5yr)||14 %|