PRICE ADJUSTMENT : $775,000 ONO
38 Church St, Gloucester, NSW 2422
ROCK SOLID INVESTMENT : COMMERCIAL WITH UPPER LEVEL RESIDENTIAL
Dual purpose building in the main street of Gloucester providing a rent return in excess of 6% gross. Lower floor houses professional offices which can be split into 3 different tenancies, but currently let as one. Upstairs has 2 x 2 bedroom fully furnished flats with access from the front and rear of the building respectively. Off street parking at the rear for 5 cars is accessed from the council maintained lane.
This building presents in great order with fresh paint, new floorcoverings, appealing brick façade and large front display windows. Residential leases are currently 12 month intervals with long term tenants. Commercial section has only had 3 tenants in the last 17 years proving the appeal of this property. This is your ideal investment property for a self managed super fund or just a passive income producer. Details of leases and further information available from the agents upon enquiry. Selling price negotiable.
Property Code: 220
This building presents in great order with fresh paint, new floorcoverings, appealing brick façade and large front display windows. Residential leases are currently 12 month intervals with long term tenants. Commercial section has only had 3 tenants in the last 17 years proving the appeal of this property. This is your ideal investment property for a self managed super fund or just a passive income producer. Details of leases and further information available from the agents upon enquiry. Selling price negotiable.
Property Code: 220
Property Info
Municipality
Gloucester
Hannaford Stock & Land Australia Gloucester
51 Church Street
Gloucester, NSW 2422
Tel: +61265581309
Email Us
Peter Markey
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