Enjoying a prominent position in the heart of Yamba's CBD, with exposure to main street traffic, this prime dual-income opportunity is one that offers a consistent existing income and immense potential for the future.
On the streetfront is a well constructed brick premises currently under lease to a credit union, and set at the rear of the site is a separate premises currently leased to a local law firm. With both tenancies having already enjoyed long tenure at the property, the ease and consistency of this investment is all but assured.
Underpinning your investment here is 508m2 of land zoned E1 Local Centre. With this highly sought after commercial zoning being in such short supply, you can be confident that this will be a rewarding investment into the future.
Yamba's CBD has enjoyed strong growth and rejuvenation in recent years and with this concentrated patch of commercial real estate playing such an important role in the future of the town, upward pressure on values is likely to continue for years to come.
With offers being sought immediately, this rare freehold offering is one that allows no time for hesitation. Opportunities as good as this always sell fast, declare your interest today to avoid missing out.
• Prime commercial freehold in the heart of Yamba's CBD
• Two separate commercial buildings, both with tenants in place
• Brick premises on the streetfront currently under lease to BCU (credit union)
• Separate premises at the rear currently lease to local law firm
• Existing gross income of $79,620 p.a
• Lease to credit union until September 2025 with option for additional 5 years
• Lease to law firm currently month-to-month, providing flexibility for the purchaser
• 508m2 of land zoned E1 Local Centre, commercial
• A rare opportunity to enjoy an immediate income from a property with huge potential for your future
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
