7 and 7A Commercial Road, ALSTONVILLE NSW 2477
Fully Leased Mixed Use Investment
North Coast Commercial Real Estate is excited to present to the market this mixed use investment.
The property comprises of 2 individual buildings showing excellent returns. Anchored by a lease to the Maven Dental Group until August 2021 with 2 x 5 year options. The residential 2 bedroom property has been recently renovated and is leased for $375 per week.
Potential here for further future development (STCA) in the thriving village of Alstonville situated within 30 minutes of Byron Bay, Ballina and Lismore.
– Net Rent = $82,473* + GST (on commercial building)
– Land Area = 1321* sqm
– Building Areas = 260* sqm Commercial & 140* sqm Residential
– 11 onsite carparks
– Zoned B2 Local Centre
– Commercial lease to 02/08/2021 plus 2 x 5 year options
– Residential lease continuing
Offers to Purchase closing 4pm – Wednesday 17th July 2019 if not sold prior.
For further information or to arrange an inspection, contact Chris Harley on 0412 758 830
* All numbers approximate
- Floor Area is 400 m²
- 11 Car Spaces