$340,000

288 Denison Street, Rockhampton City, QLD 4700


The Smart Money is here! Commercial & Residential Mix 10.62% gross yield!!

Diner/take away shop lower level with a lease just recently commenced for 3 years plus 3 year option at $364.70 per week plus GST. And upstairs residential 3 bedroom apartment rented at $330 per week fixed term for 12 months, thus total rent is $680 per week
With a predominately new iron roof and mostly new electrical wiring coming in from the street and all plunbing is new from the main.
The diner/takeaway has a grease trap that is only 6 to 7 years old and has 3 phase power.
The property itself is on 506m2 with a decent size year yard and is fully fenced with rear lane access, the convenient location is also desirable in the sort after Rockhampton City Precinct
The 3 bedroom apartment upstairs has over recent years had a new fitout and includes;
3 good sized bedrooms; Master with walk in wardrobe
2 functional bathrooms
Spacious Laundry
Neat and tidy kitchen with ample cupboard and bench space
Great size living and dining areas
Front and rear staircase access
Be the first to enquire or risk being too late!

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.

Property Info

Municipality
Rockhampton City
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