Set yourself up nicely acquiring this astute investment opportunity. My calculations say that this is positively geared!
Both the house and the shop is rented out separately to different tenants. The shop is leased at $2460 per month under a 5 year lease until December 2022.
The 3 Bedroom Queenslander home is rented at $310 per week.
The total land size is 1108m2
This property is iconic, and the shop has been running for years.
The area with its trendy Queenslander style homes being renovated and attracting inner city migration, this store and house location should continue to be a winning combination.
30-35 Minutes to the Brisbane CBD. The property has great highway access to Brisbane, Toowoomba and Gold Coast.
Contact Josephine 0411 729 656 to arrange an inspection
0411 729 656
3 1 4