SOLD
FABULOUS OPPORTUNITY TO LAND BANK THESE 2 PROPERTIES while you plan for a Possible site (STCA) for 2 X 2 bedrm, 10 X 1 bedrm, 1 X Bed/Studio and 1 X Lsrge lock up shop a total of 14 lots. Land Area 470.8 sqm FSR 2:1 building height limit 14 m. Shop 1 - Vacant. Potential Rent $1,100 pw. Suitable for restaurant, boutique clothing store, delicatessen, milk bar, medical rooms, and dentist etc. Shop 2 - leased. To Ray White Real Estate 12 months lease expiring 1st Feb 2013. Rent for the lockup shop is $800 pw. + GST and the 2 bedrm flat is $375.00 pw, expired lease. A total of 1,175.00 pw. + GST. Combined land area 470 sqm with a frontage of 11 m and parking for approx 8 cars. Total income potential from the combined shops is approximately $2,200 pw. or $115,000 per annum. Located in a thriving neighbour hood shopping centre.
Outgoings approx: Council rates $6,448 p.a / Water rates $1,872 p.a / Land Tax $8,580 p.a / U.C.V. as at 2011 is $926,000.
