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.
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.
There is ample carparking available.
Front carpark- 9 x undercover
Back carpark- 5 x undercover, 1 x garage, 1 x undercover smaller car
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 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
-Expansive balcony capturing fresh breezes with views of the mountains
-Rental Appraisal $400 per week/$20,800 per annum including outgoings.
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.
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