This unique property was once an industrial workshop that has been beautifully crafted into a modern day office.
The existing tenant has occupied the property since 2016 and recently extended their lease by a further (3) years.
- Net return approximately $33,099 per annum
- Leased until July 2022 plus (3) year option thereafter
- Building 140m2 (approx) & land area 240m2 (approx)
- Zoned R(2) Low Density Residential
With residential zoning, this property has plenty of potential to be converted to a residence in the future (subject to Council approval).
A set & forget investment in a hugely popular harbourside suburb.
Need help with your finance?