One astute buyer gets to choose how they want to run this bluechip investment. The property is currently set up as 2 fully tenanted flats returning $525 per week. With the high exposure location and potential to return this property back to a shop front with multiple layout options for a variety of business applications the future potential here is unmeasurable.
Buy now and enjoy the high rent returns or move your business here and stop paying someone else mortgage or a combination of both by keeping upstairs tenanted and running your business from downstairs.
The owners are willing to look at all offers, something like this does not come up often so don’t delay.
|R&H Suburb Summary||Houses|
|Number of sales||170|
|Median Rental Price||$450 p.w.|
|Change in Rental Rate (5yr)||20 %|
|R&H Suburb Summary||Units|
|Number of sales||152|
|Median Rental Price||$375 p.w.|
|Change in Rental Rate (5yr)||7 %|