Offers by Expressions of Interest
BRUCE HIGHWAY INVESTMENT
With 17.3 meter frontage and laneway access to Bruce Highway, this 986m2 investment is currently tenanted over three tenancies of two commercial and one residential. The stable tenancies have been in place for some time and will show approx. 7.25 % net return of $38522.74 per annum net.
In a perfect location right in the middle of town, the building is of older style though modernised in some ways in the last 12 months and may need some further renovations to the residence in the future which will bring greater rent again.
Great start Investment. Contact Greg Chappell 0408 775 810 for more information.
median house price385000
median house rent300
suburb rental yield4.1%
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.