52 Mary's Hope Road Rosetta occupies a prime corner position on this busy thoroughfare and represents a wonderful investment opportunity for small to medium investors.
The property comprises a commercial café / restaurant, 52 South, at ground level fronting Mary's Hope Road which has previously operated as a convenience store. At the rear of the property are two large apartments with the upper level being a five-bedroom apartment with expansive water views and on the lower level there is an additional three-bedroom apartment.
With the property being fully let the current income is more than $70,000 per annum. With the combination of commercial and residential tenancies, this property is ideal for the investor who wishes to enter the commercial property market as it has the relative security of residential investment coupled with the higher returns associated with a commercial property.
The property is highly recommended, offering a range of positive attributes including strong location and profile, good tenancy mix, strong leases and solid returns on investment. Split-risk investments like this rarely become available so seize this opportunity today!
*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.