PRIME CBD INVESTMENT OPPORTUNITY

Situated in the heart of the Bathurst CBD is this exciting opportunity awaiting the keen commercial investor. Centrally located on one of our busiest streets, 235 Russell Street delivers a multiple income stream with four tenancies currently in place with a combined total income of $75,122.88 inc. GST per annum. The building comprises of two retail premises on the ground floor – one at the rear which has access via the busy RSL carpark and one on Russell Street as well as two residential units on the first floor.

The residential units are in an appealing location for prospective tenants being just walking distance to Bathurst’s shops, cafes, pubs, restaurants and the park.

Unit 1/235 Russell Street
$260 per week ($13,520.00PA)
Two generous sized bedrooms both with built-in robes
Large lounge room flooded with natural light and overlooking Russell Street
Recently updated kitchen with modern gas appliances
Combined bathroom and laundry
On or off street parking available

Unit 2/235 Russell Street
$220 per week ($11,440.00PA)
Generous sized bedroom and spacious lounge room
Neat kitchen with electric cooking
Split system heating/cooling
Combined bathroom and laundry
On or off street parking available

The retail premises include but are not limited to the following features:

235 Russell Street (Front)
$2,320.20 Per Month ($27,842.40PA) GST INCLUDED
Excellent shop space at the front
Street frontage onto Russell
Three private offices
Kitchenette and toilet facilities
All day parking in the RSL car park at the rear

235 Russel Street (Rear)
$1,860.04 Per Month ($22,320.48PA) GST INCLUDED
Large open shop space at the front
Three private offices and ample storage spaces
Kitchenette and toilet facilities
All day parking in the RSL car park

For more information or to arrange an inspection please contact Brent Osborne on 0422384202 or Jaise Delaney on 0424187786.

Property ID: 1169541