SOLD BY LUSH PILLAY | LJ HOOKER PADSTOW | Occupying a premier position on a main road location with excellent street exposure. This combined residential/commercial property presents a rare investment opportunity. With an approximate rental return of $38,479.42 per annum, the property consists of an established lower level business and a four bedroom apartment. With rear lane access, two street frontages and high vehicle and pedestrian visibility, this rare find is one for the as investor or to add to the portfolio.

• Established massage business leased until 03/02/2023
• The residence is currently tenanted until 21/01/2022
• Business leased at $18,303.96 P/A (including GST)
• Residence leased at $21,840.00 P/A, rear access parking
• Residence has 4 bedrooms, 2.5 bathrooms, LX kitchen
• Timber floors, skylight, high ceilings and air conditioning
• A 5 minute drive to Padstow station and amenities

Features

• air conditioning
• Close to Shops
• Close to Transport
• Kitchenette

Property Brochures

• Property ID 1474FAE