:: POTENTIAL, POSITION, RETURNS
:: Sitauted in busy CBD with dual street access
:: 1015.4 square metre block
:: Combination commercial / residential property
:: Shopfront, cottage and shed at the rear
:: Zoned B2 local centre, allowing development

Position, Potential and Returns. These three words say it all when it comes to 29 Coldstream St, Yamba. Situated in Yamba’s busy CBD area, this 1015.4 sq.m. block has a 20m frontage (approx.) to Coldstream street, and also provides rear lane access via Little High St. Currently situated on the block is an older style 3 bedroom cottage, with 1 bathroom, and a separate single lock up garage. Presently being utilised as commercial letting space, the cottage provides a shopfront facing Coldstream St, with small storage area, commercial kitchen (tenant’s fittings), with the remainder of the residence behind the commercial section. Tenants are in place with a solid 3.39% net return, and tenant pays all outgoings. The property is zoned B2 Local Centre, which allows for the development of a large number of commercial / tourist / community facilities, plus Yamba CBD allows for a building height limit of 12m, which gives the astute investor the potential to maximise the capital of this property in a variety of ways either now or in the future. All of these elements combine to make this a smart buy for an astute investor. Contact Denise Gillies on 0414 857 855 for further details.