Immediate Income and Potential to Generate a Second Income Upstairs

Expressions Of Interest are sought to purchase this well known double brick, commercial freehold building site.
Prime, Young CBD location positioned between IGA and the Telstra Shop, along this busy pedestrian strip.
Approx. 165sqm's ground floor is under current 5 year lease to 'Olive Spa Nails' returning $18,338 per annum.
Excluded from the lease and where its potential lies is in the vacant upstairs space / 2-3 brm residence.
External fire stairway to residence, rear courtyard with carport structure, customer amenities and storage.
Look to the future with features such as split system A/C, three phase power, natural gas & grease trap.
Zoned B4 Mixed Use and situated on approx. 338 sqm' site with gated back access via IGA carpark & lane.
Its character, 2 storey facade, deceptive size & long history of hospitality makes this an interesting proposition.

Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.

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School catchments

Hennessy Catholic College Secondary 7-12 Catholic 0.45km
St Mary's Primary School Primary K-6 Catholic 0.60km
Young High School Secondary 7-12 Government 0.65km
New Madinah College Combined K-10 Independent 0.79km
Young North Public School Primary K-6 Government 0.85km
Young Public School Primary K-6 Government 1.1km
Maimuru Public School Primary K-6 Government 10.8km
Wombat Public School Primary K-6 Government 13.5km
Monteagle Public School Primary K-6 Government 14.1km
Murringo Public School Primary K-6 Government 20.2km
Trinity Catholic Primary School Primary K-6 Catholic 26.3km
Wallendbeen Public School Primary Government 26.8km
Murrumburrah Public School Primary K-6 Government 27.1km
Murrumburrah High School Secondary 7-12 Government 28.2km
Greenethorpe Public School Primary K-6 Government 36.3km
Koorawatha Public School Primary Government 39.3km
St Joseph's Primary School Primary K-6 Catholic 40.7km
Boorowa Central School Combined K-12 Government 41.8km
Sacred Heart Central School Combined K-10 Catholic 43.3km
Cootamundra High School Secondary 7-12 Government 44.1km
The Henry Lawson High School Secondary 7-12 Government 47.2km
St Raphael's Catholic School Cowra Combined K-12 Catholic 64.4km
Cowra High School Secondary 7-12 Government 66.1km
Temora High School Secondary 7-12 Government 70.9km
St Anne's Catholic College Combined K-12 Catholic 71.4km
Yass High School Secondary 7-12 Government 80.9km
Gundagai High School Secondary 7-12 Government 84.7km
Junee High School Secondary 7-12 Government 89.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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