Just Listed
+ 4

406-408 Eaglehawk Rd, Eaglehawk

$595,000 to $650,000

3 Beds 2 Baths 1 Cars 519 m2

Significant investment opportuinty - freehold of leased premises ( 5.6% plus return )

  • Central to CBD of Eaglehawk freehold premises currently leased 
  • Excellent returns (5.6% plus) from this very sound and well maintained premises
  • Currently operates as professional masseur (Business not for sale)
  • Tenant pays rental plus outgoings - 3 year lease with options to extend
  • Corner allotment with business premises adjoining three bedroom home with two bathrooms
  • Ducted gas heating and evaporative cooling, gas heater, split system and airconditioner
  • Maintenance undertaken re: restumping, rewiring upgrades etc
  • Premises set up as reception, masseur rooms (6), 3 bedroom home with kitchen, lounge and two bathrooms
  • Leased at $29,263 plus outgoings (approx $6000) ie 5.6% plus return. 3 years of the 3 x 3 lease remain with options for additional years.

These premises present an ideal opportunity for the astute investor to purchase a good solid home with the added bonus of the premises adjoining being set up as a masseur business. The premises are leased long term and the returns are excellent, presenting better returns than the normal residential home purchase for investment.

 

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Features

Verandah Fenced Low maintenance Level Block Close to school

Details

Address 406-408 Eaglehawk Rd, Eaglehawk
Price $595,000 to $650,000
Property Type Residential
Property ID 1013
Category House
Land Area 519 m2
Floor Area 174 m2

Share

Get Directions
Gavin Butler photo

Gavin Butler

0427 887 766

The home of the Bendigo real estate specialists