Sold for $900,000

1 Bath    1 Car

Property ID: 4232082

Reverse Cycle: Yes

Main Street Commercial - $87k Net Returns

SOLD BY SUZANNE 0432 306 060 - A rare opportunity to acquire a large commercial premises boasting maximum exposure to Bellingens main street. This tightly held retail location is highly sought after from tenants and investors alike. The sale of 1/52 (strata), 54 & 56 (freehold) Hyde St to be sold combined offers s secure position and exceptional potential net returns.

- Outstanding returns when fully leased, previously approximately $87k net per annum
- Exceptional acquisition for investors or self managed super funds
- 3 Shopfronts, level street frontage window display, garaging, rear service lane
- Net Lettable area 480m2 approx, subject to survey
- Historically high occupancy rates, sought after location for tenants and investors alike
- Motivated vendors require a sale