Located in the center of this growth suburb opposite the entry to Albion Park shopping village with anchor tenants, Woolworths, Reject Shop, Medical Center & specialty shops.
848.9m2 of level R3 zoned land featuring two dwellings.
4 Russell Street - house currently leased as a clinic with rent $35,445.60pa GST included.
6 Russell Street - currently occupied by a Swim School leased at $31,241.00pa GST included on an expiry lease.
Both tenants have been long term with potential for future rental upside or owner occupancy.
Additional Highlights -
- Current net income $66,686pa GST included (approximately).
- Zoned R3, site area 848.9m2.
- Busy Albion Park central location with ample parking.
A rare opportunity to buy in the central township of Albion Park.
Rent - 4 Russell Street
Clinic $35,445.60pa GST included.
Current lease to 7th May 2021.
Rent - 6 Russell Street
Swim School $31,241pa GST included.
Expire lease.
Zoned R3 Medium Density Residential.
