Affordable investment with lots of potential! Offering a prominent street location in a row of village shops, this two-storey retail/residential building is currently generating $45,760 per annum via three separate income streams.

Offering a range of uses - keep as is, retain two retail shopfronts and convert upper level to apartments or purchase for owner occupier business.

A solid building with high investment potential and long-term tenants in place with continuing tenancy preferred.

• Zoned Neighbourhood Business - allows for retail business use & residential
  
• Currently earning $45,760 per annum approx rental income
  
• Strong yield and capital growth potential
  
• Higher income and rental return possible
  
• Total Land Area of 239m2 approx
  
• Current layout comprises two retail shop fronts on street level each 63.5m2 approx in area with own kitchenette plus external WC facilities
  
• Upper level offers expansive 147m2 approx with bathroom, kitchen and laundry facilities - can convert to multiple apartments
  
• High traffic location
  
• Part of a row of village shops cnr Bexley Road and William Street
  
• Total Outgoings $3708 per annum
  

Land Area: 239m2 approx
Total Internal Area: 274m2 approx
Total Rental Income: $45,760 per annum approx
Total Outgoings: $3,708 per annum approx
Figures are approximate only

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