I have a great opportunity here for an astute investor to enter into the Commercial Real Estate market with the opportunity to buy a 1/3 share in this fully leased property. This has been a family-owned property since the year 2000 and with the passing of one owner, the executors are selling this 1/3 share.
The property is fully leased and managed, it has a good tenancy mix and shows a good ROI. Location is everything in Real Estate and this property is located at the top end of the city on Carey Street. It is opposite the new Froth brewery, surrounded by other great properties and backs onto Guppy park.
The building has 4 tenancies and 3 tenants and is approximately 400m2 in size and the land content is 511m2.
Call or email me for a full IM on this property.