Terrace For Sale - $490,000 - $520,000
Dual Income Investment for the Portfolio
Comprising of both a commercial space and a residential apartment, this main street property will be suitable for a variety of purchasers.
The opportunity lends itself to an investor to benefit from a dual income OR a fantastic chance for a business to occupy the ground floor (when vacant) and keep a passive income from the first floor
The residential apartment consists of three bedrooms, single bathroom, and parking onsite.
The Commercial space does have onsite parking and is approx. 60m2 internally.
Tenancy 1 (Ground floor) – $350 per week Plus GST
Tenancy 2 (First floor) – $270 per week
TOTAL = $655 per week
Both lease amounts are conservative and invite a review to the incoming investor.
Zoning: B2 Local Centre
Located in the CBD of Wallsend, this opportunity will not last long.
Contact Jesse Mulligan on 0432 160 186 or email Jesse@mulliganproperty.com.au for the Information Memorandum