203 Mount Street, Upper Burnie TAS 7320
Multi-Tenant Investment 6.6% yield
We are please to bring to the market this multi-tenant commercial investment opportunity. Comprising of three commercial tenancies and one residential tenancy the property offers a good spread of risk across the title. This site has access from the rear and affords off-street parking for all the tenants in question. The tenancy mix is one resident, a popular Thai restaurant, a modern laundromat, and a work shed of approx. 150m2 at the rear.
• Land size: 1,062m2 (approx.)
• Building size 179m2 (approx.)
• Work shed 150m2 (approx.)
• Total nett income: $57,912.96
• Approx yield based on asking price: 6.6%
• High exposure
• Off-Street parking
• Single title
• Copies of leases available upon application
• Land size: 1,062m2 (approx.)
• Building size 179m2 (approx.)
• Work shed 150m2 (approx.)
• Total nett income: $57,912.96
• Approx yield based on asking price: 6.6%
• High exposure
• Off-Street parking
• Single title
• Copies of leases available upon application
