$825,000

Versatile Premises - Commercial/Residential Use

An excellent investment opportunity, zoned mixed use of commercial/residential, offering a range of options;
1. You can run a business from home or
2. Add to your investment portfolio , currently tenanted until 2025.

With great street access, rare offering of multiple parking spaces & 2 huge storage cages, located in a high density residential area (estimated 4,000 residents) with good foot traffic, ideally located close to bus, train & ferry transport.

An ideal position as either business or residential, a short walk to Meadowbank waterfront hub, numerous parks with entertaining areas and walks and plenty of dining options.

Features:
- Currently tenanted up to June 2025, Estimated Income: $36,956.25pa + GST approx. with CPI/5% increase in rent each year. Tenant pays all outgoings including Council Rates, Strata Levies, Water Charges, etc

- 1 x storage room can still be leased separately

- 3 large bedrooms/offices with built in robes

- Gas kitchen with dishwasher and stone bench tops

- Bathroom with laundry facilities

- Air conditioned lounge/shop front

- Shop front accessed via wrap around undercover walkway with pedestrian access to both Porter Street & Belmore Street

- Secure building with lift access and communal, grassed courtyard


- 233sqm on title APPROX (Premises: 96sqm, Storeroom 1: 45sqm, Storeroom 2: 48sqm, Parking: 44sqm)

- 3 secure parking spaces

- Huge storage areas totalling 93sqm

- Zoned B4 mixed use

Rates APPROX: Strata $415.80pq, Council $203pq, Water $155.30pq

Ideal for businesses such as doctors surgery, beauty & laser Clinic, nail studio, real estate office and much more.

Contact Robert Cassidy or Emma Lee to view by private appointment



*Cassidy Real Estate give notice that all information given whether contained in this document or given orally, is given without responsibility; intending purchasers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise