Quality asset with strong return
This rare commercial property has been an integral establishment for the community since c1880. Today, this premium timepiece supports six tenancies and offers a sort address for local business operations.
Presenting a high quality building with a desirable earning capacity, this substantial asset is an investment to acquire.
– Fully let premises with good tenants and a six figure net profit
– Attracts a good average square metre rate with growth potential
– 516sqm total floor area split into six exclusive spaces over two levels
– Four street level shops and two upper office suites via a central staircase
– Good ammenities, updated building and utilities for each occupancy
– Courtyard, two covered areas, shed and parking at the rear of the premises
– Grey facade showcases the timeless design of this historic building
– High exposure site, facing main traffic flow, close to all amenities
– Single title freehold property, zoned 17.0 General Business (TPS)
– Substantial improvements and investment have lifted the level of this asset
– An Information Memorandum outlining the opportunity is available
Property Features
- Offices
- Land is 567 m²
- Floor Area is 600 m²
- 4 Car Spaces
- 3 Phase Power
- Car Parking - Surface
- Close to Schools
- Close to Shops
- Close to Transport
- Exhaust
