For Sale

4/48 Lynch Street,
Young 2594, New South Wales

1 car space
46m² building size
Offices

$240,000


Property details

Attention Investors Seeking 8% Gross ROI

Commercial strata unit in the 'Mill Court' complex under current lease that's never missed a beat and enjoyed longterm tenure.
The perfect, entry level commercial freehold investment returning approx. 8% gross at this most affordable and old time price.
Corner position, comprising approx 46sqm's net lettable area with split system R/C A/C, staff room and toilet to the complex.
Prominent CBD location with high pedestrian traffic along Lynch Street to the Post Office, benefiting from easy on-street parking.
Sale is subject to current 2 year lease commercial tenancy, expiring 31/03/2028 which includes lessee contribution to outgoings.
Circa. 1986 built and one of the most modern commercial buildings in Young's CBD makes this a no fuss commercial investment.
At this price, there's no better time to diversify your investment portfolio and benefit from higher returns & lower R&M expenses.

Please Note: Business is NOT offered as part of the sale. 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.

Inspections


Explore the area


School catchments

  • New Madinah College Combined K-10 Independent 0.58km
  • St Mary's Primary School Primary K-6 Catholic 0.64km
  • Young North Public School Primary K-6 Government 0.72km
  • Young Public School Primary K-6 Government 1.1km
  • Maimuru Public School Primary K-6 Government 11.0km

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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