Fantastic Investment Opportunity
House - Property ID: 863310
We are offering a unique property situated on the corner of Grant and Millbank Street with great exposure to both pedestrian and vehicular traffic. A very visible showroom/shop/office of approx. 101mĀ² fronts both streets whilst an office of approx. 34.56mĀ² fronts Millbank Street. Both these properties have secure long term leases providing an excellent return on your investment. At first floor level is a well maintained residence of 2 bedrooms, lounge, kitchen/meals (the latter two rooms opening out onto a balcony), bathroom, laundry WC & sun room/3rd bedroom or rumpus. Both internal and external stairs access the residence. It could easily be adapted to offices.
To assist the lifestyle aspect of the property it has an in-ground solar heated pool and spa (gas & solar heated). An electric roller door provided access to an extensive concrete paved area with steel deck roofing.
The land has a frontage of 10.97mĀ² to Grant Street, 32.0m to the south side of Millbank Street.
This high profile commercial site is just off the Main Street and is in close proximity to other commercial enterprises including the Turner Street Medical Centre and Hospital.
The property would be ideally suited to an Investor who could take advantage of the various improvements and further develop (S.T.C.A). Properties like this are tightly held and rarely become available. Price $698,000