What a return... Over 23%!
19-23 Marshall Street
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.
Residential Sales Consultant
0408 362 268