This well located tenanted investment presents a great opportunity to an astute investor wanting a residential/commercial investment, which is higher yielding than most residential investments.
The ground floor provides a clear span warehouse with a 3.6m stud height, amenities and office. The first floor consists of open plan kitchen/dining/living and one bedroom with ensuite. A well-appointed balcony overlooking its own private garden area. This unit has the ability to have two tenants.
Nestled in the premium location of Wigram on Magdala Place, this unit presents a great opportunity for small businesses, hobbyists and savvy investors.
•Rental valuation $24,100 + GST and operating expenses per annum
• Upper floor apartment- Approximately 42sqm
• Ground floor office/ amenity- Approximately 45sqm
• Warehouse- Approximately 38sqm
Unit 3, 50 Magdala Place, MiddletonOpen in map