Located in the heart of St Helens business district this commercially zoned property presents an outstanding investment opportunity for the astute investor. The long term tenant has just renewed the lease for the retail shop premise and 3 bedroom WB house, with a combined weekly rental return of $425.00. The term of the lease is 2 years with 3 options each for a further term of 2 years. Sited amongst prominent businesses and surrounded by ample car parking, the property is ideally positioned.
Housing a well established retail business, the shop premise features two large shop front windows and is well fitted throughout. The 3 bedroom weatherboard house sits directly behind the shop and features open plan living kitchen, dining and lounge area as well as a good sized combined bathroom & laundry.
The new lease incorporates the tenant being responsible for all outgoings except building insurance.
Seldom do properties present such a unique and realistically priced opportunity in which to invest.
Inspection is by appointment only and can be arranged by contacting Kristi at View Real Estate.