Investment Opportunity

$460,000 + GST

Take a look at this investment opportunity. Situated right in the central part of the historic & trendy Grahamstown section of Thames this property offers you both commercial and residential tenancy options. Downstairs there's the 60m2 commercial portion which is leased until December 2020 with a right of renewal for further 2 years taking it out to 2022. The rest of the property is accessed from the street behind and there's a single garage with storage area, a small grassed area and then behind the shop on the ground level is another area that has been rented out as a residential flat in the past but is currently vacant. Then upstairs with its own access is a separate 2 bedroom flat which is also currently vacant. There's certainly plenty of potential & scope here to improve both the property and the return on your money. Contact me for more details.

Philip Judd / Licensed Branch Manager
Thames Team
Mobile: 027 449 7132
Print Flyer Back to Listings

Particulars

Address:
726 Pollen Street, Thames
Price:
$460,000 + GST
Listing ID:
RT5470
Type:
Retail
Floor Area:
60 m2
Land Area:
245 m2