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With income from 2 residential units (one with 180 degree river views) and a commercial tenancy, this asset has the best of both worlds.
The commercial tenancy is home to the Bradman Riverhouse Cafe. This popular business has a strong local and tourist following. This is the only waterfront food offering in the area and the building is surrounded by medium density housing as well as a Big 4 caravan park.
The large upstairs unit has 180 degree river views and has been rented out for short stay accommodation. A recent rental appraisal indicated that this unit could also be rented on a permanent basis for at least $600 per week.
The downstairs unit is rented out on a permanent basis for $400 per week.
+ 506m²* freehold land
+ 129m²* commercial tenancy with a new 5 + 5 year lease
+ 1 x 3 bed river view residential unit
+ 1 x 2 bed residential unit
+ Approximate annual income $110,000
Call or email John Petralia to inspect the property or find out about other suitable options.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.
* Approx.
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