Boasting a commercial premises with great street frontage and an oversized two bedroom unit, this asset is a wonderful addition to your property portfolio or the ideal purchase for a business needing additional accommodation. Located only 200m to Padstow Train Station, this tenanted investment is what you have been waiting for.
Attributes & Key Features Include:
* Commercial lease of $600 per week, plus the upstairs unit is separately rented for $410 per week
* Combined income of approximately $52,000 Per Annum Inc GST
* Land Area of 221m2
* Rear lane access + two secure parking spaces
* Zoning B2 Local Centre
* FSR 2:1
* HOB 14m
* Upstairs boasts a double brick 3 bedroom, 1 bathroom apartment with a huge entertaining balcony
* Proposed Rezoning of 2.5:1 FSR and 20m HOB.
Inspection : Thursday 24th at 12.00-12.20pm
Auction Thursday 1st December at 5.30pm at 2 Faraday Road Padstow
For additional information on this potential packed property, please contact Todd Owsnett or Josh Sammut.