18 Coral Street, Maleny – NOW SOLD - Offers Over $850,000

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.

RE/MAX Hinterland

Mobile: 0447 737 737
Office: (07) 5408 4220