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 style home is rented at $310 per week.
The total land size is 1108m2
This property is iconic. 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. This property has amazing highway access to get you anywhere you want to go in Brisbane and to the Gold Coast.
Contact me to arrange an inspection. Marlene 0413721830
0411 729 656