12 Cudgery Street, Dorrigo NSW 2453
Affordable Commercial Investment
This is an outstanding opportunity for first time investors or experienced punters to enter the commercial property market at an affordable price. Shops 1 & 2/12 Cudgery Street boast excellent exposure and solid tenancy history;
- Well presented low maintenance brick building, front 2 arcade shops 90m2 approximately, customer and street parking
- Excellent exposure to pedestrians plus frontage to the main tourist route road between the Coast and the Tablelands
- Current 5 year lease up to 20 Sept 2017, and 5% increases per annum
- Current rental $280pw ex. gst or $14,600 p.a.
- Rates total $4,302.54 p.a. Strata Levies $2,968.00 p.a.
- Net annual return approximately $7,329.46 p.a.
- Note - business not for sale
- Well presented low maintenance brick building, front 2 arcade shops 90m2 approximately, customer and street parking
- Excellent exposure to pedestrians plus frontage to the main tourist route road between the Coast and the Tablelands
- Current 5 year lease up to 20 Sept 2017, and 5% increases per annum
- Current rental $280pw ex. gst or $14,600 p.a.
- Rates total $4,302.54 p.a. Strata Levies $2,968.00 p.a.
- Net annual return approximately $7,329.46 p.a.
- Note - business not for sale
Tennille Cardow
Licensed Real Estate Agent
Bellingen
