Centre of Kyogle’s Premium Office & Retail Precinct. First time offered to market in over 17 years.
• 340m2 Rentable Floor Space, spread across two levels plus outbuildings.
• Land area - 778m2.
• 11 Tenants 11 Different Incomes.
• Asking Price $1,250,000, All offers will be presented to the Vendor.
Unique Commercial Premises
The building has four large office spaces on the first floor, with bathroom, kitchen, and dining room. Beautiful views over the main street.
Downstairs, (Hair Salon) with long-term tenant in place, also a 2-bedroom one bathroom unit on the ground floor with separate entrance towards the back of the building with own parking space, the building is renovated throughout, beautiful inside finishings with Red Cedar wood timber from local forests.
As well as having commercial offices, the building offers rentable storage sheds and other outbuildings which is currently tenanted.
The 2-bedroom residential unit, currently returning a rental income of $300 per week, could be used for onsite accommodation, to the new owners.
PROPERTY HIGHLIGHTS
PHYSICAL ATTRIBUTES:
2 levels plus commercial outbuildings with a net lettable area of 340 m2 and land area of 778m2, classified with class 9b certification. The building has generous floor-to-ceiling heights, excellent natural light, and oversized stairwells.
THE OPPORTUNITY:
This property is 100% tenanted, providing a wide variety of options for the incoming buyer to implement their investment strategy.
LOCATION:
Just a short walk to major infrastructure, shops, bus stop, shopping centre.
Please contact us for more information. (Memorandum and due diligence material available on request).
Disclaimer: The information contained herein has been obtained from sources which we believe to be trustworthy and dependable, therefore have no reason to doubt their accuracy. The Vendor and the Agent will not be held liable for any error or misdescription which may appear in its contents. Prospective purchasers are advised to undertake their own investigations.