What a return... Over 23%!

19-23 Marshall Street

$165000

 

Located in Cobar’s main Street, this impressive investment offers a great return of 23% approx.

Comprising of 3 spacious shop fronts and an adjoining 3 bedroom residence.

 

19 Marshall Street—Occupied by a video shop with a long rental history since 2013, leased to December 2018.  Features evaporative cooling & spilt system air conditioning.  Adjoining 3 bedroom residence with ducted evaporative cooling & wood heating.  Outside features an  enclosed yard with single car garage and rear access.  Leased to December 2018

 

21 Marshall Street—Occupied by a hairdressing salon leases to December 2018.  Features large open floor area, evaporative cooling, 2 store rooms & shared outside courtyard with rear lane access.

 

23 Marshall Street—Occupied by Banardos with a 3 year lease to January 2018, option to renew and 3% annual rent Increase. Featuring spacious shop front, office, store room & kitchenette

 

Total ROI: $37,751.36 annually, approx.

Total land area: 1089m2 approx.

 

This is an outstanding investment opportunity not  to be missed. 

 

 

 

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