11.45% Rental Yield [Gross] based on current list price
Situated in the Colonial Corner business precinct, on the corner of Broad & Anzac Street, this property offers a sound investment with long term tenant, 11.1% Gross Yield based on current asking price
The property has been home to the same Hairdressing Salon since Colonial Corner was constructed in 1990.
The shops are a part of a Community Title Scheme with professional off site Body Corporate management structure.
Well maintained, the Complex was repainted externally in 2016, the Tenants are responsible for internal maintenance & keep the property in excellent condition.
Other business in the complex include Caf / Take Away, Medical Imaging, Professional Suites & Accountant
Main Street / Highway frontage provides excellent exposure for the whole complex.
For all other details regarding Rates, Lease & Body Corporate, please contact Greg on 0419 574 846