38 Johnston Street
casino NSW 2470

Investment Opportunity in Casino

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Well maintained property with Bruxner Highway Frontage, Currently leased to REDinc, a disability organisation that has been delivering life changing programs to the local community for over 30 years. The property has reception area, 9 offices, large kitchen room, all air conditioned, storage room, bathroom plus unisex disabled toilet, covered back verandah, large garage with fire proof document storage room, Inground Pool, Rear lane access.

Rent: $37,440-00 per annum

3 year x 3 year lease commenced 1/12/2019 with 3% yearly increases

Building Area: 256m2 approx

Land Area: 1213m2

Currently Shows a Nett Return of 5%, much better than Bank Interest

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Details

Property Type - House

Land Area - 1213m2

Floor Area - 256m2

Open Times

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