154 Saint George Street,
Mungindi, NSW 2406
Shops & Retail
Price information
Sale
$279,000
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GREAT INVESTMENT OPPORTUNITY - 8.25% NET*
LAWD in conjunction with McCulloch Agencies is pleased to present for sale 154 St George Street, Mungindi a perfectly positioned commercial building, situated on a 613* square metre corner block in the main street of Mungindi.
The building consists of four shopfronts.
Two shopfronts are currently occupied by long-term tenants operating a takeaway cafe.
The sale will include six-month leases on the other two shopfronts that have been fitted out and utilised previously for a beauty and hair salon that could also be used as office/storage space.
Based on current outgoings the property has the potential to achieve an income of approximately $23,000* per annum or 8.25% net*.
NB. As a going concern, this property is potentially not subject to GST upon purchase.
The building consists of four shopfronts.
Two shopfronts are currently occupied by long-term tenants operating a takeaway cafe.
The sale will include six-month leases on the other two shopfronts that have been fitted out and utilised previously for a beauty and hair salon that could also be used as office/storage space.
Based on current outgoings the property has the potential to achieve an income of approximately $23,000* per annum or 8.25% net*.
NB. As a going concern, this property is potentially not subject to GST upon purchase.
Property ID: 504687864Last Updated: 13 Sep 2024
0419 499 8...
154 Saint George Street
Mungindi, NSW 2406
LAWD Pty LtdLevel 5 West, 100 Market Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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