Investors - take note!

28 Pelican Street, Longreach, 4730

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195,000 AUDEst. Mortgage: AUD 1,370/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 599 sqft
  • Bedrooms 5
  • Bathrooms 2
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1
  • Air Conditioning
  • Evaporative Cooling
  • Split-system Air Conditioning

Property Overview

This well recognised shop front in Longreach has been renovated to make the best of it prime position, an easy walking distance to the center of town. The renovation has further diversified the potential income streams from this property in providing two residential units and a third commercial area for lease, offering the savvy buyer plenty of options for both configuration and income streams.

With the residential premises easily connecting to the renovated shop front, there is not only the possibility to move in and run your own business, but also rent out the second residential space to assist in your mortgage repayments.

The two residential units share a common garden area and there is a single car garage/shed accessible to Unit two.

Unit One- Offering 2 bedrooms with built in wardrobes, open plan living and dining area with stone look kitchen, and an additional study/bedroom. The unit has an evaporate air conditioning system. This is currently rented furnished at $680 per month.

Unit Two is the larger of the two units. Recently renovated to a three bedroom, one bathroom and an additional study space. It has two split system air conditioners in the open plan living/kitchen/dining area, and all bedrooms have their own air-conditioning, a must for Longreach's warmer climate. Currently tenanted for rent at $170 per week.

Commercial Space- This spaces offers a large multi use room with a shop front. Perfect for running a small business or retail operation. It has two split system air conditioners. Live in one of the units and run your business - the perfect home office set up!

All three properties are metered independently to provide the possibility of managing three different tenancies and income streams with these units.

Now reduced to $195,000, contact Matthew Strong to arrange your inspection on 0428 509 449 or 4658 1122.

Location on Google Map

28 Pelican Street, Longreach, 4730

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