Description
A great opportunity to secure a prime freehold commercial property. This property consists of 3 shops all fully leased to long term tenants and two home units both of which have unobstructed views over the water. A two bedroom unit has been leased with the remaining 3 bedroom residence being a long term home to the current owners. This property has been held by the same owner for over 30 years with no vacancy period for the commercial property in that time. The property is showing excellent returns and has the opportunity to increase the rental income.
Located on Beach street at Harrington the property has a commanding corner position with 3 street frontages give excellent exposure on the areas main traffic strip. This property would lend itself to a multiple of purchasers in including outright investors, owner occupier/investor or perfect for the private superannuation funds.
This is a genuine sale of real property and at eighty years of age the owner has decided it is time to move on, he believes it has been the perfect place to live and able to keep him in the lifestyle he has become accustom to.
$1,195,000
Property Code: 26
Location
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