This property is currently returning $13,000 per annum, securely leased to residential tenants until 7 May 2020.
The property is located right in the heart of Dimboola. It is a great retail shop with attached modern 2 bedroom residence. Situated between the Bendigo Bank and a busy menswear store, directly opposite the newsagency, locations don't get better than this. 2 large display windows lead into a large retail floor space with polished timber floors, white walls, high ceilings and plenty of natural light. At the back of the shop is a great size kitchen, timber floors, modern timber kitchen, electric cooking, wall oven, rangehood and double sink. 2 good size bedrooms, new carpet, freshly painted and modern bathroom. Externally there is a long yard, new fencing and carport.
Land area: 275 sqm
Rent: $250 per week plus GST
Secure Lease: Leased until May 2020
Outgoings: Owner pays council rates & water rates approx $2200 per year.
Tenant pays for all services connected.
A great property to have as part of your investment portfolio.
Give me a call 0418 504 855 arrange a time to inspect.