$1,750,000

4 Bed  •  2 Bath  •  1 Car

Main view of Homely house listing, 26 Bangalow Road, Byron Bay NSW 2481
Floorplan of Homely house listing, 26 Bangalow Road, Byron Bay NSW 2481
Second view of Homely house listing, 26 Bangalow Road, Byron Bay NSW 2481
+11

Sold

26 Bangalow Road, Byron Bay NSW 2481

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$1,750,000

  • 4
  • 2
  • 1

House Sold on Fri 23 Dec, 2016

What's around Bangalow Road

House description

“Solid Commercial property offering 6% nett return”

Prominently positioned on busy Bangalow Road, this 743m2 level block comprises the iconic Mac's Milk Bar and to the rear of the shop a two storey house. The two freestanding, strata titled buildings offer potential for an investor to secure a property with a long term net return.
- Opportunity to purchase and sell off separately (STCA)
- Macs Store has 5 year lease till 2020 with option to renew
- Rent is $60,000pa plus GST and 50% of entire outgoings
- Well equipped kitchen, good sized cool room, unisex restroom
- Outdoor undercover eating areas and a side verandah
- Storage shed with internal and rear property access
- Easy access for commercial deliveries and parking at rear
- House is currently leased to August 2017 at $1,000 pw
- 4 bedrooms, 2 bathrooms, single garage with 369m2 floor area
- Privately set back with a low maintenance fenced yard
- Excellent locals' neighbourhood on a high traffic road

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26 Bangalow Road, Byron Bay NSW 2481
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