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Attractive 8% Gross, 2 Year Leaseback Opportunity!Property ID 1651227Once a family residence of grandeur now a beautifully appointed and compliant commercial property.
Built circa.1940 and renovated to exacting standards, its aesthetic appeal & character are hard to ignore.
Ground floor is versatile and extensive, open plan with 1 bathroom, 2 toilets, kitchen and office spaces.
Prominent CBD location occupying approximately 526.7sqm's with clear dual street frontage to Lovell Street.
B4 Mixed Use zoning & attractive leaseback by owner-occupier 'Gusollio's Hair & Spa' on an 8% gross return.
Investors will recognise its potential to lease commercially / upstairs as separate offices / residences.
Revert back, live upstairs - 3 bedrooms, 2 bathrooms, 1 toilet, kitchen/dining & verandah enclosures.
True testimony to the vision of its owners and guaranteed to impress the most discerning of purchasers!