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380 Auburn Street
Goulburn NSW 2580
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Sold on 15 Feb 2023

380 Auburn Street Goulburn NSW 2580

  • Shop & Retail
  • 320 m²
  • Sold, $1,200,000

Main Street Position Investment 5.4% Return

CBD Investment Opportunity 479 sqm

This mixed use investment in the heart of Goulburn's CBD presents an excellent fully leased opportunity. The investment offers a long term commercial tenant downstairs and newly renovated 3 bedroom apartment upstairs. The owner undertook extensive renovations to the first floor in early 2022, to the value of $120,000 and included:
- A new roof
- Complete rewiring and plumbing of the residential unit
- Painting and new flooring throughout the residential unit

There is separate entrances to both tenancies and a shared back yard. Each premises has it's own electricity meter. The property has rear lane access which is where the 2 car garage is located.

Shop - Ground Floor 158 square meters
On the ground level you have a long term tenant in a Thai Restaurant paying $825 per week plus all water and council rates. There is a lease in place to 2025 with 4% increases each year.

Apartment Level 1 - 97 square meters
This Victorian Style unit has features including stained glass windows, high ceilings, balconies off 2 bedrooms, built in wardrobes in each bedroom, gas heating, freshly painted and new carpet throughout. The residence has been fitted with a new kitchen and bathroom and is complete with off street parking and a 2 car garage. A 12 month lease has just been signed at $490 per week.

Please call Christina Comelli on 0402811002 on this impressive investment opportunity.

Comelli Commercial Business & Property Sales
Comelli Commercial Business & Property Sales
Suite 7, 50 Crown St
Wollongong, NSW 2500

Property Highlights

Date Sold15 Feb 2023
Sold Price$1,200,000
Floor Area320 m²
Land Area492 m²
Parking2 x Onsite parkings
Property ID2018251095
Category
Last updated  15 Feb 2023
Map for 380 Auburn Street Goulburn NSW 2580

Nearest transport* to 380 Auburn Street Goulburn NSW 2580

Bus
Train
Tram
Ferry
Auburn St after Bradley St84 m
Auburn St at Goldsmith St175 m
Auburn St after Clifford St312 m
Tambelin Independent School, Fenwick Cres387 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Comelli Commercial Business & Property Sales
Comelli Commercial Business & Property Sales
Suite 7, 50 Crown St
Wollongong, NSW 2500

Property Highlights

Date Sold15 Feb 2023
Sold Price$1,200,000
Floor Area320 m²
Land Area492 m²
Parking2 x Onsite parkings
Property ID2018251095
Category
Last updated  15 Feb 2023

Listed by

Christina Comelli
Christina Comelli
Comelli Commercial Business & Property Sales
Call
0402 811 002

More about 380 Auburn Street Goulburn NSW 2580

380 Auburn Street Goulburn NSW 2580 is categorized as Shop & Retail Property. It has a floor area of 320 m² and a land area of 492 m². There are 2 x onsite parkings.The listing ID for this property is 2018251095.

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