A great opportunity to secure a free hold shop and residence. Set on approx 183.4sqm of land, a 115sqm shop + Two-bedroom residence upstairs, featuring 2 off street parking spaces via rear lane access. Situated on Kingsgrove's main shopping strip and within 120m to Kingsgrove Train Station.
Key Features:- 183.4sqm approx block of land with rear lane access- Within 120m of Kingsgrove Station- Premium position situated on Kingsgrove Road with great street exposure- 115sqm shop downstairs- 2 bedroom residence upstairs- Off street parking for 2 cars- Expired lease- Current rental income: $800 per week shop $275 per week residence- Current tenant pays council, water, land tax, insurance- Current lease expired- Council rates $3,402.65 per annu,- Water rates $329.93 per 1/4 or approx $1,320 per annum- Building insurance $4,367.05 per annum- Land valuation as at $867,000 as at the 8/8/2024
