Land Bank This Opportunity

A very well maintained 211m2 1920's character property that is at present split into a 2 bedroom flat returning $430 per week, and the main building has a commercial tenant paying $900 + GST per week. The commercial tenant will create a tenancy agreement at time of sale but will vacate if you wish. The site has dual entry, well fenced with remote entry. Section size is 708m2.

Ideally if you are considering your future, live in the flat and allow the commercial tenant to assist with your mortgage for the future. The building has many options with its location being blue chip, central city and also close to many amenities. Car space is abundant with a tar seal finish. Fencing is stylish and planted for privacy. Everything is electric, with the heat pumps and water is electric cylinders. Exterior cladding is weatherboard roughcast that has been painted within the past 4 years, wooden joinery and stonechip roofing.

Do your sums on this, the vendors are considering all options. I have further information for you and viewing is by appointment.