Rarely do you get an opportunity to purchase an investment with such a reliable return, especially in this price range. Tightly held for near thirty year,s this commercial/residential property is the largest in town and is now being offered for sale.
The owner is after a quick result and has priced this property to attract the right buyer quickly. A true possibility of potential 10% plus returns here.
There are other income producing options in place also as part of this freehold sale:
* Milk Bar - 5x5 year lease in place
* Shopfront with government tenant
* Cash flow Laundromat with near new machines
* Large storage area available for lease
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Extensive renovations have been completed including:
*Full electrical rewiring
*New plumbing
*Full re-cladding with a twenty-five year warranty
*New roofing and guttering with fifteen year warranty
GST may be applicable to the purchase price in some cases.
If you would like further information regarding this outstanding opportunity, please contact me at any time.
The size of Howard is approximately 45.9 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Howard in 2011 was 1,363 people. By 2016 the population was 1,362 showing a population decline of 0.1% in the area during that time. The predominant age group in Howard is 60-69 years. Households in Howard are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Howard work in a community and personal service occupation. In 2011, 66.6% of the homes in Howard were owner-occupied compared with 66.9% in 2016.
Howard has 871 properties. Over the last 5 years, Houses in Howard have seen a 114.38% increase in median value, while Units have seen a 37.00% increase. As at 31 October 2024:
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