117 Church St, Gloucester, NSW 2422
House
422
Sold - $570,000 - 3/06/2022
Well located residence + restaurant
Well positioned investment property with long term tenants. This unique opportunity combines a separate shop front building with a 4 bedroom residence at the rear. The building itself is in good repair and the commercial kitchen and restaurant is in excellent order. High traffic location next to Woolworths and Caltex ensures good exposure for the shop. Currently tenanted as a whole with the tenants paying all outgoings in a lease valid to February 2026 with CPI increases annually. Return is 5.7% at present with monthly payments. A good solid investment!
Property: | House |
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Land Size: | 714 Sqm |
Council: | Mid-coast |
Open for Inspection Times:
Property Features:
- Ideal investment property
- 4 bedroom residence
- Commercial kitchen + restaurant
- Solid rent return
- High traffic area
Recent Sales in the Suburb of Gloucester
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.