* Property is on 530 sqm and zoned Commercial1 lots of flexibility
* Tenanted investment with 3year lease with 3year option
* 5% return, outgoings paid by the tenant plus annual Cpi increase
* Central location opposite post office & Chemist Warehouse.
* Commercial-grade kitchen: 2 ovens, stainless-steel benches.
* Polished floorboards & equipped shop front.
* Ample parking: street front & rear off-street.
Are you an investor looking to grow your portfolio with a solid investment?
Originally an old period-style home, this neatly presented property has been transformed into a commercial takeaway shop and is currently leased as a Thai Food outlet. With a solid 5% return, outgoings paid by the tenant and annual Cpi rental increases, this well maintained brick property is one you can add to the portfolio, enjoy the fortnightly rent and let the property and location appreciate in value.
Being zoned Commercial 1, the zoning allows plenty of flexibility of use including reverting back to residential living, home based business, offices etc. The savvy investor won't be without a tenant at this location.
Located on busy Eaglehawk Road beside Fur Life Vets and opposite Liam's Long Gully Fish & Chip Shop, Chemist Warehouse and the local Post Office, this property boasts LOCATION PLUS and benefits from very high passing pedestrian and vehicle traffic.
Contact agent Chris Garlick on 0429 333 927 for further information.
