Currently configured as four commercial shops with 1 being rented to local businesses presently, the astute investor looking to buy and hold these low-maintenance shops could see them almost pay for themselves from day 1. Looking for a place to run your business from? The iconic ‘Jubilee Street Shops’ could be the base for your next business idea. Utilise the existing use rights and consider a change to other commercial uses such as consulting rooms, a local medical centre or even a restaurant or two**. If that isn’t enough, the zoning could allow conversions into residential housing with a potential second storey**. The properties are all individually serviced. For definite sale either individually or together, 79 to 85 Jubilee St must be considered!
- Zoned R2 Low Density Residential
- All properties under Torrens Title ownership
- Building sizes from 45m2 – 63m2*
- Has achieved $64,800pa + GST and outgoings on a fully let basis
79 Jubilee Street $99,000 + GST
81 Jubilee Street $99,000 + GST
83 Jubilee Street $140,000 + GST
85 Jubilee Street $200,000
Call Rod Crowfoot now for more information!
* Approx.
**Subject to council approval (STCA)
Outlines indicative only