$495,000

50B-50D Main Street, Park Avenue, QLD 4701


Mixed use Commercial/Residential Brick Complex - 3 Shops with Main Street FrontaGe - Double storey 3 Bed Residence with internal stairs

Located in the popular Park Avenue shopping Precinct.
This is a brick residential/commercial complex that consists of
A double storey home with internal stairs - The top level features 3 bedrooms, a sleepout, a spacious lounge, bathroom, separate toilet and a family area around the internal stairs - This top floor area features pine walls, high ceilings, ceiling fans, excellent carpet floor coverings and good paintwork.
Internal stairs lead to a large open plan dining area, a modern kitchen with and island bench and a gas stove, a lattice enclosed covered out door entertaining area -
Rental Details are

Dwelling - Excellent tenant paying $290 per week lease expiry date is 26-9-2024 The owner advises that this tenant has been at this property for over 10 years

Shop1 - Owner advises that there is no formal lease tenant pays $200 per week and has ben at the property for over 20 years.

Shop 2 - Owner advises that there is no formal lease tenant pays $200 per week and has ben at the property for over 5 years.

Shop 3 - Owner advises that there is no formal lease tenant pays $60 per week and has ben at the property for over 20 years.

Rockhampton Regional Council Rates are $5352.15 per half year

Even with the existing rents this property shows a great return plus the real potential of increasing the existing rentals

Property Info

Municipality
Park Avenue
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