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Rare offering: Long Term investment & building potential!.
Comprising of separate titles, this shop and apartment dwelling is located in the McKinnon School zone and offers a combination of residential and commercial return.
This Home is located above a shop, in the McKinnon Village, has a rental potential of $400p.w ($20.8580p.a)
It comprises of 2 levels, this home offers a Spacious Kitchen with gas cooking, separate laundry, and a carpeted loungeroom on the ground level.
Up a set of stairs, are 3 good size carpeted bedrooms, a central bathroom, with shower over bath.
Also included is a sunroom to the street front. Very clean and spacious on both levels.
2 x split system a/c are available, on both levels, for heating and cooling.
1 x off street parking spot. Broadband capable.
The commercial coffee shop is approx. 36sqm, and has a return of approx. $1500pcm + outgoings, with 2 x 3 option (Approx. $20,247p.a+). Features a/c split and setup kitchen. With a 3 x 3 New lease.
Build up to 5 Apartments plus shop on the site (STCA), no easements or restrictions. 218sqm of Land.
* Convert the investment into commercial only, and remove impact of New residential tenancy laws.
Vendor not registered for GST
View by private inspection only.
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