FOR SALE;
Fantastic opportunity to own a tenanted investment now in a sought after live/work property in Airborne Road. These properties make excellent investments and suit those looking for a safe and secure passive investment with the tenant paying all outgoings.
There is a new 3 year commercial lease in place from 20 March 2020 returning an annual rental of $31,300.00 plus outgoings plus GST per annum.
The interior of the property has been repainted throughout, with new carpet on both levels approx 18 months ago and the Body corporate have started the exterior building repaint. This paid for from the body corporate contingency fund.
Comprising of a one bedroom with ensuite upstairs apartment, north facing with sunny deck. The kitchen appliances include stove/oven and fridge.
Downstairs features a high stud warehouse with a roller door and an office/showroom opening to a private courtyard. Washing machine included.
- Rental income of $31,300 net plus GST pa
- North facing, first floor apartment with ensuite has good natural light
- Apartment has been recently repainted and carpeted
- Ground level office with shower and toilet plus high stud warehouse with terracotta floor and roller door access
- 2 allocated car parks and good visitor parking
- Close to Albany shops and mall
- Handy to public transport and motorway access
- All outgoings paid by the tenant $5,960.65 + GST per annum (approx)
Please phone NAI Harcourts for more details.