What Bank will give you a 8.5% return on your investment? This commercial property investment will!
These 2 commercial buildings are located on a high exposure corner in Kerang, with plenty of off-street parking. The first building measures 200sqm with 6 metres of showroom windows, and comprises large reception area, 2 offices, kitchenette, all fully carpeted and 2 toilets, with rear access to large parking lot. The building has a long term, secure tenant.
The second building measures 100sqm, with showroom, 2 toilets, kitchenette and rear work room. New carpet, new split system, new hot water service have just been installed, plus it has been freshly painted. Drive in, secure rear yard. New tenant has just moved in on a 12 month lease.
Great investment opportunity returning $15,236 per annum.