$340,000
288 Denison Street, Rockhampton City, QLD 4700
HIGH PROFILE RETAIL COMMERCIAL BUILDING WITH A LARGE RESIDENCE ON THE FIRST FLOOR LEVEL.
This Brick and Weatherboard Retail Commercial Building shows excellent returns
The ground floor Retail Shop is leased to a reliable tenant at $350.00 per week plus GST with a lease end date of June 2025 plus a 3 year option ( This lease provides for annual CPI increases )
The top Floor is rented at $330.00 per week with a lease end date of 7th of June 2024.
There is also a ground floor storage area that would be capable of producing additional rental income and is presently vacant. This should rent at approximately $100.00 per week.
The top floor residence features 3 good size bedrooms, a spacious lounge room, a good kitchen with an adjoining dining area, 2 bathrooms and 2 toilets.
Paintwork and floor coverings are in good order and the property has ceiling fans.
The ground floor Retail Shop has a floor area of approx 138m2, is air conditioned and comes complete with a 1000 Lt grease trap
The roof on the main building has recently been replaced. Plumbing and electrical are in good order.
Rockhampton regional Council rates are $3,400.00 per half year.
This is a great Commercial / Residential Investment property with the added benefit of 2 income streams and 3 once the Storage area has been leased.
The ground floor Retail Shop is leased to a reliable tenant at $350.00 per week plus GST with a lease end date of June 2025 plus a 3 year option ( This lease provides for annual CPI increases )
The top Floor is rented at $330.00 per week with a lease end date of 7th of June 2024.
There is also a ground floor storage area that would be capable of producing additional rental income and is presently vacant. This should rent at approximately $100.00 per week.
The top floor residence features 3 good size bedrooms, a spacious lounge room, a good kitchen with an adjoining dining area, 2 bathrooms and 2 toilets.
Paintwork and floor coverings are in good order and the property has ceiling fans.
The ground floor Retail Shop has a floor area of approx 138m2, is air conditioned and comes complete with a 1000 Lt grease trap
The roof on the main building has recently been replaced. Plumbing and electrical are in good order.
Rockhampton regional Council rates are $3,400.00 per half year.
This is a great Commercial / Residential Investment property with the added benefit of 2 income streams and 3 once the Storage area has been leased.
Property Info
Municipality
Rockhampton City
Kas Woch Real Estate Rockhampton City
3, 33 Archer Street
Rockhampton City, QLD 4700
Tel: 07 4922 3631
Email Us
Kas Woch
Thank You
Your enquiry has been sent!
Enquiry is Failed
Please contact your administrator.