Never to be Repeated – Unique and Strategic Commercial and Residential Property
Do not miss your chance to secure this BLUECHIP Holding!!! 7%+ net potential on asking price! Better than money in the BANK!
Secure your very own commercial premises in the heart of Maleny and enjoy the additional benefits of a home on site for you and your family to reside, or to further boost the amazing rental income potential of this freehold site.
* 1266m2 (Over a 1/4 acre) of freehold commercial land in town
* 171m2 architecturally designed commercial premises over 2 levels – Superb design and quality!!!
* Character Queenslander offering 4 bedrooms + Study – Log Fire to living room – 1 bathroom
* Lock up garaging for 3 vehicles / carports for 4 vehicles – 10 sealed car parking spaces as well!
* Leafy and Private outlooks from both buildings with very low maintenance – NO LAWNS!!!
* Income potential on current market rates as follows: Commercial building: $37620 net potential rent, Residential Home – $22,880 per annum ($440 per week) – Total rent potential conservatively priced at: $60,500
* 7% net return potential on these figures in line with the asking price.
There are several options of use for this property:
1. Work and live at the one address
2. Rent both premises to commercial tenants
3. Rent 1 building as a commercial building and the other as a residential home.
HURRY! This will not last. Make your best business decision today and contact RE/MAX Hinterland to arrange your inspection.
|Mobile:||0447 737 737|
|Office:||(07) 5408 4220|
- Address: 18 Coral st
- Subdivision: MALENY
- Bedrooms: 4
- Bathrooms: 1
- Half Bathrooms: 0
- Lot Square Feet: 1266 Square Mtr approx.
- Price: Offers Over $850,000
- Parking: 7