Rare opportunity to secure a Freehold and Separate Unit on the one title and separately tenanted, both on long fixed leases, freehold CPI increases yearly plus all outgoings. Property is on a 784 Sqm block (approx) zoned residential with potential redevelopment (STCA) and is situated on a corner with its own designated service rd. The freehold includes its own carpark and a separate driveway for the unit, both properties are Independently metered.
The freehold is council rated as a commercial property and is approved to trade as a food outlet and is currently trading 6 days a week, it has been trading as business since the 1980s and is well known throughout the community.
This property would suit a long-term and or possibly the Self managed super fund investor, with possible advantages for future redevelopment potential, this property is a great buy with fantastic returns for a small investment.
