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House
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for sale
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Prime Main Street Commercial & Residential Investment Secure Income Stream
Cowley Creek
· 8 Bedrooms · 3 Baths · House
· Equipped kitchen
Cowley Creek · 8 Bedrooms · 3 Baths · House · Equipped kitchen
Calling all commercial and residential investors this is an outstanding opportunity to secure a tightly held main street property offering strong returns, long-term leases, and diversified income. Ideally positioned in the heart of the town's main street, this mixed-use asset delivers a gross annual income of $57,600 with approx. $8,000 in annual rates, resulting in an attractive net yield of approximately 6.6%. The ground floor commercial tenancy is leased to a well-established nail salon under a new 3 + 3 year lease, providing excellent income security. The premises feature a modern, renovated shopfront with approximately 169m² of floor space, including multiple private treatment rooms, staff amenities, lunchroom, and toilet facilities. Above, the residential component is leased under a two-year head lease and comprises two separate dwellings across two levels, each offering: Four bedrooms Kitchen, dining, and living areas Bathroom facilities The entire building is fully air-conditio
Calling all commercial and residential investors this is an outstanding opportunity to secure a tightly held main street property offering strong returns, long-term leases, and diversified income. Ideally positioned in the heart of the town's main street, this mixed-use asset delivers a gross annual income of $57,600 with approx. $8,000 in annual rates, resulting in an attractive net yield of approximately 6.6%. The ground floor commercial tenancy is leased to a well-established nail salon under a new 3 + 3 year lease, providing excellent income security. The premises feature a modern, renovated shopfront with approximately 169m² of floor space, including multiple private treatment rooms, staff amenities, lunchroom, and toilet facilities. Above, the residential component is leased under a two-year head lease and comprises two separate dwellings across two levels, each offering: Four bedrooms Kitchen, dining, and living areas Bathroom facilities The entire building is fully air-conditio
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