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406-408 Eaglehawk Rd, Eaglehawk

SOLD

3 2 1 519 m2

Significant investment opportuinty - freehold of long term leased premises ( 6.5% plus return )

  • Central to CBD of Eaglehawk freehold premises currently leased long term
  • Excellent returns (6.5%) 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 $26,000 plus gst and outgoings ie 6.5% plus return. 3 years commencing 18th June, 2019 with options for additional 3 X 3 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 SOLD
Property Type Residential
Property ID 478
Category House
Land Area 519 m2
Floor Area 150 m2

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Gavin Butler

0427 887 766