713 Beechmont Road, Lower Beechmont QLD 4211

A rare opportunity to purchase a mixed commercial site in 'The Village' of Lower Beechmont.... with endless possibilities! Currently the ground floor is the popular 'Lower Beechmont General Store' with its distinct brand of Country Charm. A thriving hive of activity catering to Beechmont locals, tourists and tradies alike. The only store of its kind located between Nerang and Canungra, it attracts dedicated locals; hikers visiting Binna Burra and Lamington national Park, guests attending weddings at Rosewood and Hazelwood and those visiting various wineries and outdoor attractions in the area.

Upstairs (accessible from a rear staircase) is the fully renovated, beautifully presented spacious 3 bedroom 1 bathroom apartment, which has been used as both a permanent rental and short term accommodation on the holiday lett platforms.

Groundfloor
• General store
• Cold Room
• Powder Room

Upper Level
• Three bedroom/one bathroom fully renovated apartment

• Current income - $1070 per week (permanent rental and including GST)
* Fantastic tenants in place on a 3 x3 year lease who are keen to stay on
• Outgoings - Approx $960 per 6 months council rates
• On tank water - No water rates! (2 x 15,000L rainwater tanks)
• Height restriction - 9m or two storeys
• Block size - approx. 660sqm flat block with ample parking available
• Amongst other commercial businesses

A freehold building ripe with potential and ready for a new owner! Low outgoings and an excellent investment property with strong demand in the area for commercial and residential tenancy.

Get in touch today and enquire on this fantastic investment generating a potential net yield of over 6% p.a

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes.