Bexley
707 Forest Road
Building: 1265 SQMLand: 1265 SQM
SOLD - Undisclosed
Rare Offering! Endless Possibilities! Redevelopment Potential (STCA)
Take advantage of this incredible investment opportunity in Bexley. Situated in a prime location, Maine road exposure shopfront with excellent high-traffic visibility, this mixed-use property boasts tremendous potential for redevelopment (STCA), also providing four stable income sources consisting of two factory units and 2 x 2 bedroom residential units with ample parking. This outstanding opportunity should not be overlooked.
KEY FEATURES:
-Two factory units and 2 x 2 bedrooms residential units with apple parking.
-Land Area: 12.29/36.58XIRR/62.97 (1,265 sqm* - Zoned R 3 Residential
TENANCY INCOME: Passing rent: $113,676.20 PA
- EXPENSES YEARLY APPROX:
* Water Rates - $2,080.00 * Council Rates - $6,891.00* Insurance - $3,140.49
For further information or to inspect the property please contact George Karafotias 0405 436 336
KEY FEATURES:
-Two factory units and 2 x 2 bedrooms residential units with apple parking.
-Land Area: 12.29/36.58XIRR/62.97 (1,265 sqm* - Zoned R 3 Residential
TENANCY INCOME: Passing rent: $113,676.20 PA
- EXPENSES YEARLY APPROX:
* Water Rates - $2,080.00 * Council Rates - $6,891.00* Insurance - $3,140.49
For further information or to inspect the property please contact George Karafotias 0405 436 336
Rates & levies
Water Rates $2,080.00 Per Year
Council Rates $6,891.00 Per Year