Opportunities to acquire a commercial property in an established inner-city suburb at this price point are increasingly difficult to find.
At $350,000, this property provides an accessible opportunity for investors looking to establish or expand a commercial property portfolio, with a tenant already in place and income being generated from day one.
The combination of income, parking, public transport and location gives the property broad appeal while providing a straightforward investment proposition.
INVESTMENT HIGHLIGHTS
$350,000 asking price
$17,000 PA + GST + Outgoings
4.86% gross passing yield
Currently leased
Approximately 78m² office accommodation*
2 undercover car spaces
First-floor office
Self-contained accommodation
Kitchenette
Private amenities
Heating and cooling
Tram stop directly outside
Established commercial complex
Prime Richmond location
For more info Call Chris 0405411388