TWO PROPERTIES - TWO TITLES - 3-4 INCOMES !

EXTENSIVE COMMERCIAL PROPERTY - PRIME CORNER LOCATION

GOOD RETURN
VERY CENTRAL LOCATION- EASY ACCESS
ON THE CONER OF A MAIN ARTERIAL ROAD

4 INVESTMENT OPPORTUNITIES – TWO TITLES

3 TENANTED PREMISES plus a 3 BEDROOM HOME [currently owner occupied].

Title 1:
On one of the two titles is a 3 bedroom Brick Veneer residence with established fully fenced gardens, roller door access to a double garage at the rear of the home, heightened boundary fencing providing that little extra privacy, an L- shaped lounge dine and galley kitchen and well-appointed bathroom with separate bath, shower and vanity and separate toilet and laundry. The house is very well presented and offers good quality fittings and fixtures throughout. [Currently occupied by the Vendor].

Adjoining the home on the North side is a large Brick building providing two tenancies, one being a well patronized hairdressing salon which is occupied and the second premises a Pizza outlet currently tenanted with plant and equipment including cool room.

Approximate floor area: 83-87 Jenkins Avenue: approx. 300sqm
Land Size 1200 sqm

Title 2:
The other title provides a large solid building which is currently tenanted by a fitness / martial arts organization. Inside that property provides a large open area at the front entrance, a kitchenette, male and female toilets and side entrance to a reception area on the Eastern Wing.

The property overall allows off street parking for approximately 10-12 vehicles on a fully concreted driveway / car park.

Approximate floor area: 89 Jenkins Avenue 200 sqm
Land Size 1200 sqm

Projected rent receivable $35,000 pa
Which are the combined rentals of the 3 currently leased properties and the appraised rental potential of the 3 Bedroom house property [ currently occupied by the Vendor]

RLA 2154