111-115 Maybe Street, Bombala

Fantastic Investment Opportunity in the Snowy Region Offering 11% Return

SOLD
Property Description

A wonderful opportunity exists to purchase a freehold building with excellent returns.

The Bakery, Retail and upstairs unit have all been renovated, and long term leases are all in place.

What’s on Offer:

THE FREEHOLD – $375,000

The Freehold Premises consists of:

  • The Bakery space – A new 3 year lease with a further 3 + 3 year option. Current Rent – $250 per week. The tenant pays for water, gas and electricity which is all separately metered.
  • The Retail space/Shop front – A new 3 year lease with a further 3 + 3 year option. Current Rent – $250 per week. The Tenant also pays for water, gas and electricity which is separately metered.
  • Above the retail space’s is a 2 Bedroom Residential unit – There is a new 6 month lease in place. Current Rent – $220 per week. With the Tenant paying for water, gas and electricity which is also separately metered.

Contact – Paul Tutt today to express your interest.