Blue Chip Newtown Investment
A fantastic opportunity to secure a proven performer on a high profile corner site.
• Established Long-term Commercial Tenant
• Fixed Term Residential Tenant
• High Traffic/Hi -Viz Corner Site
• Stand-alone non Earthquake Prone building
Currently generating pre-GST income of over $74,800 per annum with exceptional potential for capital gains.
This is a rare chance to buy a high-profile location in the heart of thriving Newtown.
Upstairs the residential flat is returning $480 per week on a fixed term tenancy until Feb 2019.
Downstairs is leased to an established popular restaurant and returns $960 per week (+GST).
Viewing of the upstairs flat is available Sundays between 12pm and 12:45pm.
The restaurant is available for viewing by appointment only.
Call for appointments and further information.
LIM and information pack available.