Corner site of 653sqm fronting busy Port Road, this 1960's architecture building offers 2 small commercial units and 2 residential units all on 2 two strata titles. Massive opportunity to add further value by refurbishing the whole property with possible rent upside.
Retail shopfront facing Port Road is leased to a barber shop. Second commercial is leased as an office, third residential unit is leased and the fourth residential unit has 2 bedrooms and is leased. Total passing net income is $38,447.20.
Property features
* 653sqm land size *
* 4 separate tenanted units
* 2 strata titles
* Huge signage (retail tenancy)
* Desirable vintage architecture
* Spacious visitor carpark area
* Front & side street access
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Charles Sturt
Zone | E - Employment
Land | 653sqm(Approx.)
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
