An excellent combination of 4 rental properties offering 2 shops and 2 flats up stairs, all with rear lane access plus parking.
Both shops are in good condition with solid tenants and one of the flats upstairs has been recently renovated.
Tenants - 51 Keppel Street - 3D paints
5 Years lease commenced April 2009
- 53 Keppel Street - Blue Barrow gifts
3 year Lease commencing January 2010
- 2 Flats upstairs - currently vacant at landlords request. Would rent for $200 per week and
$250 per week
Nett Return - On a fully lett basis this property would show a nett return of $72,322 per annum Exclusive of GST

This property is situated in the sought after Keppel Street
commercial area and shows an excellent return.