Option to invest with potential for immediate rental upside or owner occupy a portion of the suite and enjoy the added benefit of a stable income from Room 1 which is currently tenanted by established psychologist.
• Building area: 42sqm*
• Split system air-conditioning in each room
• Ample visitor car parking accessed via Bicentennial Lane at rear of building
• Walking distance to cafes and shops
• Situated directly opposite the local IGA
• Room 1 has a lease expiring 22/10/2026 and a current annual rent of $14,820pa gross*
• Room 2 is currently occupied by an Audiologist (one day per fortnight) and Dietician (half a day per month). They are on week to week leases with the current annual rent being $4,584* gross but potential to increase to $13,000pa* gross.
• Current net rental income: $13,524.46*
• Potential net rental income: $21,904.46 with the existing layout
For Sale: Motivated vendor - will meet market.
For further information or to arrange an inspection please contact exclusive marketing agents Ferdinand Braeutigam or Millie Worcester.
*Approximately.