Call us:
1800 600 890
Offmarket

$16K Positive Cash Flow With Development Potential

Property ID: 19188775
With $16K positive cash flow (Est) and potential to develop you simply cannot go wrong with this investment.

The property includes a fully fenced sales yard and office which has kitchen/bathroom and is fully air-conditioned. Adjoining the commercial yard is a three bedroom residential dwelling and 6m x 9m steel shed with a further undercover area.

The property boasts 60 meters of exposure to the busy main road that neighbors a number of boutique residential suburbs and the CBD. Significant business in the immediate area includes KFC, BP, Caltex, College and the Regional Council Chambers.
+ 23km CBD;
+ 7km from the Highway;
+ 16km Airport and

Commercial
+ Sales office with adjoining fenced yard
+ Kitchenette and amenities
+ 6 x 9-meter steel shed

Lease commencement:
Term: 01/09/2015 to 31/08/2018
Options: 1 x 3 years
Reviews: 4% annually


Residential
+ 3 bedroom, 1 bathroom newly renovated dwelling
+ Tenant happy to sign a new 12 month lease

Total Net Income: $56,842
Net Yield: 7.5%

Contact Matthew Barnes on 0430 979 900 for more info

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 857m2

Type: Residential, House

Get the full experience

This is just a selection of our range of properties, the majority of our properties are handpicked for our clients and not all properties appear on our website. Click here to discover more about how we can find an ideal property for you.

Discover More

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 857m2

Type: Residential, House