9 Bugden Avenue, Alstonville NSW 2477

An opportunity to purchase such a diverse investment is a rarity... approx Income of $64,205 per annum from two commercial shops & three residential flats.

Commercial comprises of a well established Bakery with a lease to March 2018 plus 2 x 5 year option periods and a Hair Dresser with new 3 year lease till February 2019 plus a further 3 year option. A combined commercial income of $42,885 per annum+gst, tenants do also pay a share of the outgoings - approx. $10,000/pa.

Three Residential Flats comprising of (1-2 bedrooms) with a combined income of $21,320 per annum. A renovation on the flats would create an opportunity to increase the current weekly rents or redevelop the site.

Land size of approx. 1,214sqm with good exposure to passing main road traffic & a short walk to Alstonville's Main Street. Shared car parking of 8 car parks for tenants.

Inspections By Appointment only ... Contact Exclusive listing agent Richard Campbell for further information.