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Price Reduced - 9% Return - Main Street Location

Culverden, 36 Mountain View Road

Contact agent for more information

Listing Number: HS6473
About this listing

SOLD - This listing was sold in December 2016.

Sited on 2197sqm's of freehold land on the main street of Culverden is this character building plus off street 3 bay shed. Partially renovated, this property has potential plus!

Currently operating from the front of the property is a motorcycle repairs & sales business, but it could be equally as well suited for a multitude of other uses to take advantage of the high levels of vehicle traffic & the current business zoning. The current business is looking to stay on at the premises, paying $15,600 + OPEX + GST per annum.

Within the main building there is a 3 bedroom, 1 bathroom home, which is currently rented for $200 per week. And at the rear of the property is the 3 bay shed as well as some additional vacant land.

So whether you are looking to rejuvenate the villa to open a new retail premises, or want to acquire a future development site in this strong farming region, or to simply sit back and enjoy the existing returns, this high profile property has options!

Price now reduced, from $315,000 to $273,000 + GST (if any)! Meaning a 9% return!

Currently returning $24,642 + GST per annum (Plus OPEX on the Business space).

The vendor requires action so call Harley today!

Property Information
  • Approx Floor Area: 1 sqm
  • Land Size: 2197 sqm
  • Tenure: Fee Simple
  • Property Type: Retail

Contact Details

Property Location

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