Price Undisclosed

2 Bed  •  2 Bath  •  2 Car  •  487m²

Main view of Homely house listing, 28 Belmore Road, Lorn NSW 2320
Second view of Homely house listing, 28 Belmore Road, Lorn NSW 2320
Third view of Homely house listing, 28 Belmore Road, Lorn NSW 2320
+4

Sold

28 Belmore Road, Lorn NSW 2320

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Price Undisclosed

  • 2
  • 2
  • 2
  • 487m²

House Sold on Fri 4 Nov, 2016

What's around Belmore Road

House description

“RARE LORN COMMERCIAL PROPERTY WITH RESIDENTIAL INCOME”

This amazing commercial/residential opportunity has arrived in pristine Lorn. Currently returning a residential rental of $485.00 per week across 2 separate flats, we see the potential of increasing the yield dramatically when the current leases expire.
Well positioned right in the hub of the main street, the interior of the building consists of 2 x Fully self-contained 1brm flats. The front unit has been renovated providing a higher yield while the rear unit would benefit immensely from a mini makeover potentially increasing the gross rent to over $500.00 per week.
Commercially, we would see this property stand out from the crowd and with its exposure, proximity to Maitland CBD and potential winning over the most astute buyer.

Land details

Area: 487m²
Fourth view of Homely house listing, 28 Belmore Road, Lorn NSW 2320View more
Fifth view of Homely house listing, 28 Belmore Road, Lorn NSW 2320View more

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28 Belmore Road, Lorn NSW 2320
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