Set in the heart of Two Wells main street precinct, The 707 square metre allotment has rear access from Petticoat Lane.
The building would respond beautifully to restoration to be the most imposing property in Two Wells.
There are currently 4 tenants:
• 2 Commercial Businesses
• 2 Residential Tenancies
• Current rental income $660 per week
The building comprises 2 shopfronts, the Real Estate office has the main office, kitchen facility & large cellar, The studio comprises main shop & kitchen facility.
Also downstairs there is a 1 bedroom unit with kitchen & bathroom facility.
The upper level comprises four main rooms with 2 kitchens & bathroom facilities. This is divided into 2 with the potential to have a fifth tenancy.
The property is sensibly prices & presents a great opportunity to secure a substantial investment property.
|R&H Suburb Summary||Houses|
|Number of sales||68|
|Median Rental Price||$430 p.w.|
|Change in Rental Rate (5yr)||26 %|
|R&H Suburb Summary||Units|
|Number of sales||0|
Two Wells Primary School
|17 Gawler Road Two Wells SA 5501||Primary||Government||0.29 km|
Virginia Primary School
|LOT 100 Park Road Virginia SA 5120||Primary||Government||8.77 km|
Trinity College Gawler River
|LOT 205 Heaslip Road Angle Vale SA 5117||Combined||Non-Government||13.14 km|
Angle Vale Primary School
|LOT 200 Heaslip Road Angle Vale SA 5117||Primary||Government||13.31 km|
St Columba College
|42 President Avenue Andrews Farm SA 5114||Combined||Non-Government||16.33 km|
"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.