66 Murwillumbah Street Murwillumbah NSW 2484

This building is positioned in arguably the best retail position in the Murwillumbah CBD. The offering represents a clear and present opportunity to acquire the most striking building with huge revenue earning potential once fully let.

The hard part is done - the first floor is fully let! all that remains for the astute investor is to secure a ground floor tenancy at market rents to earn a projected 8.5% plus net return.

Motivated vendors, instructions are clear this must be sold and all reasonable offers will be considered.

INVESTMENT DETAIL:

- Current net return on first floor = $37,645 per annum + outs + GST
- Ground floor vacant 345sqm approx - conservative leasing rate $200psm ($69,000p.a)

FEATURES:

- Good quality well maintained freehold building constructed in 1997.
- 650sqm NLA over two levels approx.
- Dual street frontages with access from front and rear.
- 3 parking spaces at rear.

PRICE:

UNDER CONTRACT

For more information contact Towers Francis Property.