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The astute investor will appreciate the position and long term potential this property offers.
For the past 20 plus years the Casino Laundrette has occupied the property and is currently paying $1,665 per month plus rates and water with CPI increases. Equates to a fantastic 6.5% net return.
Recently painted exterior, open plan interior suits the working laundrette, kitchen and bathroom facilities, plenty of off street parking and fenced block.
Highway frontage with businesses surrounding including motel, restaurant, dentist and convenience shop across road.
Properties like this are tightly held, owners loss is your gain.
Contact Trent Savins on 0403 624 193 for further information.
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Property Type - House
Land Area - 860m2
Contact Agent to arrange inspection