A commercial/retail showroom and a 2 bedroom “donga” sitting on 993m2 in Tennant Creeks main street.
Currently rented at a total of $970.00 weekly this investment will return well over 10% gross.
The shed at the front of the property is 250m2 and has a street frontage of 25 metres. Attached to the shed is a roofed area of a further 250m2. This area is currently utilised as an unpacking area and meals area. The space is currently leased to a well known charity. Electric roller doors are an extra security feature on this building.
There is a separate ablution block which incorporates toilets, shower and laundry facilities.
The property has rear lane access. At the back of the property is a two bedroom “donga”. This residence is leased independently of the commercial shed.
Main street properties of this quality are not available very often. Investors will see the huge opportunity provided here.