CENTRAL SHOP plus TWO BEDROOM UNIT
House - Property ID: 895348
Sold for $215,000
Here is a great opportunity to purchase a solid investment in the main street of historic Chiltern. The property consists of a 70 m2 approximate office – shopfront area which has been renovated and includes a retail area with high ceilings and its own toilet and wash basin, this area is also serviced via a split system heating and cooling unit and is separately metered from the attached two bedroom unit to the rear.
The shopfront area offers excellent exposure to Conness street and is currently leased to the Chiltern pharmacy returning approximately $600.00 per month. To the rear the two bedroom unit presents perfectly and is currently vacant. It offers a living area, an updated kitchen with gas cooking, a separate bathroom with bath and shower, and a separate laundry. There are built in robes to both bedrooms, as well as a split system heating and cooling unit. Outside there is undercover car accommodation, and a lock up shed to the back of the block. Investors, there is a secure lease ion place on the rear unit @ $180.00 per week. Combined with the shopfront, your monthly gross return is over 7.5%. This property would be an excellent addition to your Self Managed Super fund portfolio or Investment portfolio. A great location and within an easy drive of the cities of Wangaratta and Albury/ Wodonga.