This is an excellent opportunity to secure a viable investment property in Burringbar. The property consists of a freehold commercial building (Burringbar General Store) and a 4 bedroom house at the rear on a 1012m2 block.

The unique property has had a new 10 year lease signed in November 2013 with two 5 year options. The tenant of the shop lives onsite in the house so the return for both properties together is $59,904 per annum plus outgoings. The lease also has CPI increases per annum.

The 4 bedroom house features a pool and car accommodation. Burringbar is located 15 minutes inland from the bustling beachside town of Pottsville. Byron Bay and Coolangatta are only 25 minutes travel in either direction. The property returns around 8% on investment.

For more information on this great investment opportunity please contact Oscar Van Megchelen.