Kendal Street Investment
Three Shops & Two Flats
Quality Reliable Tenants
106,108 & 110 Kendal Street, Cowra
Centrally located in the main thoroughfare of Cowra. Bosting five incomes from three shops and two residential units. Structurally the building is very sound with limited movement.
At present the two upstairs units have not been rented but conservatively would return $600.00 per week. With a rental potential of between $75,000 and $ 80,000 this would appear to be a very safe bet.
TITLE PARTICULARS
Lot 5 DP 7725 & Lot B DP 362172
RATES
Cowra Council Rates $4,047.96
ZONED
Business/retail
AREA
Approximately 740 m2 (Both lots)
SERVICES
Electricity
Town Water
Sewer
Natural Gas
Telephone
LOCATION
200 meters from Cowra Post Office
ACCESS
Access to the three shops is via Kendal Street or the Council car park at the rear.
Access is available from Kendal Street to the upstairs units via a secure private walkway.
IMPROVEMENTS
110 Kendal Street: Tenant: Pacific Sleep. Approximately 60m2. Lease expires 31 August 2023. Glass main street frontage. Reception area, two offices, storeroom, three split systems.
108 Kendal Street: Tenant: Eye Spy Beauty: Approximately 70m2. Lease expires 1 September 2023. Reception and salon area, two beauty rooms, two split systems, tiled kitchen.
106 Kendal Street: Tenant: Craft Shop: Approximately 70m2.Open plan layout, kitchen.
All shops have separate power meters & bathrooms.
Flat 1:
Five-bedroom flat with lounge, separate formal dining or sixth bedroom, modern electric eat- in kitchen, modern renovated tiled bathroom (shower & toilet)
Flat 2:
Two-bedroom flat, massive lounge dining (gas tap), Art deco bathroom (shower, bath & toilet), electric eat in kitchen, large rear deck.
Both flats are sold on a walk-in walkout basis which will include all furniture and goods and chattels.
Lockup corrugated iron garage. Neat fully fenced backyard
Rear storerooms and laundry are located behind the three shops
CONSTRUCTION
Flooring- Concrete slab
Walls- Double brick
Roof- Metal
Internal walls- Brick
Ceilings- Plaster board
