Lot 1 /
75-77
Bold
Street
laurieton
NSW,
2443
$699,000
2
Property: 297 sqm
Multi Office Commercial Investment
A multi tenanted option being in sold in one line, Lot 1 at 75-77 Bold Street consists of two commercial office spaces with long term tenancies in place. With a total floor area of 297sqm, and additional car parking and storage comprising 56sqm, along with rear lane access to a large common area car park this strata titled investment is a prime opportunity to secure your next long term investment. Only two owners own one lot each for easy management of the strata, Professionally looked after by a local Port Macquarie strata manager.
* Tenancy one is a travel agency - current lease in place until July 2025 with 2 + 2 year options in favour.
* Tenancy two is a bank - current lease in place until March 2025 with three options of 12 months each
Total gross rent is $56,265.72 per annum (no GST).
Statutory Outgoings (strata fees and council rates) total approx. $9,724.80.
Important information:
* Strata titled building.
* Zoned E1 Local Centre
* Large shared car parking for tenants at the rear
* Rear access via public laneway
* Excellent exposure in main street location
* BUSINESSES ARE NOT FOR SALE
* ALL BOUNDARY MARKINGS ARE APPROXIMATE
* $699,000 (no GST as going concern) showing a net return of approximately 6.75%
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Agents
Nearby Schools
About laurieton
median house price
817500suburb growth
7.6%median house rent
550suburb rental yield
3.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
