Sold for $640,000

Studio    1 Bath

Property ID: 20761865

Zoning: B2 Local Centre

Rates: $3227.22 Annually

Prime Commercial Investment

A rare opportunity has arisen to secure this superbly located commercial premises in Bellingen's main CBD café precinct. Occupied on a solid lease by the 'Swiss Patisserie' for many years, this modern brick shop has outstanding exposure to 'Bello's Eat Street'. Lettable area 75m2 approx, toilet and ground floor with ease of access. The premises also fronts directly onto Bellingen Council's recently upgraded streetscape with seating, disability ramps, street lighting and new landscaping. Currently showing a rental return of $25,740 per annum + GST with tenants paying outgoings apportionment makes this an investment opportunity not to be missed. Better than current bank interest!
An information memorandum is available to genuine enquiries on request