This property is the ideal opportunity if you are looking to have the convenience of living above your business, whilst at the same time generating additional revenue from 4 other commercial shops.
Energy Efficient:
The property has one electricity & water meter for the entire property.
There are 60 plus solar panels, 23kW solar system with a 12kW max production.
The solar system was installed in September 2015 aprox.
The transformer was replaced 2016.
Carparking:
There is ample carparking available.
Front carpark- 9 x undercover
Back carpark- 5 x undercover, 1 x garage, 1 x undercover smaller car
Complex:
Excellent street frontage and exposure, each business has a dedicated large street signage provision.
The rear of the property is completely fenced and secure with lush edible gardens.
Upstairs:
Upstairs is of generous proportions built of solid concrete and tiles with fans, aircons, fly and security screens throughout. Total under roof is 290m2 aprox.
-Dining, lounge & office
-Kitchen with plenty of cupboards and storage
-4 x bedrooms
-Bathroom plus 2 toilets
-Laundry
-Expansive balcony capturing fresh breezes with views of the mountains
-Rental Appraisal $400 per week/$20,800 per annum including outgoings.
Downstairs:
Downstairs has been completely fitted out and is ready for tenancies. Each shop is 40m2 aprox, total 200m2 aprox. If a larger shop is required, the internal walls can be removed to create a larger space.
There is 1 x female & male toilet available for customers.
-Shop 1: Vacant. Fit out suitable for medical, allied health, fitness, beauty, professional services/consultancy, small retail outlet. Rental Appraisal $250 per week/$13,000 per annum aprox including outgoings.
-Shop 2: Vacant. Fit out suitable for hair/beauty salon, $250 per week/$13,000 per annum aprox including outgoings. Was rented for $320 per week/$16,640 per annum including outgoings post Covid-19.
-Shop 3: Vacant. Fit out suitable for medical, allied health, fitness, beauty, professional services/consultancy, small retail outlet. Rental Appraisal $250 per week/$13,000 per annum aprox including outgoings.
-Shop 4: Leased to a Naturopath at $333 per week/$17,316 per annum including outgoings.
-Shop 5: Leased to Remedial Massage Therapist at $170 per week/$8,840 per annum including outgoings.
Figures:
Rental Appraisal for entire property $1,733 per week/$90,116 per annum aprox
Projected ROI 9.6% gross per annum aprox
Council Rates TBA
Water Rates TBA
Building Insurance TBA
For more details, please email agent