Pinned 8 months ago

   

$ 2,002.00 50 Govetts Leap Road Blackheath NSW 2785 Opportunity to invest in this character cottage with commercial and residential usage. Located in a prime position in the heart of Blackheath village with 2 leases currently in place, offering a valuable opportunity for investors. The X factors include: Prime location in the main street with high level exposure and foot traffic Single weatherboard building with retail space at front and residential unit at the rear. Zoned - E1 Local Centre - allowing for a variety of commercial uses STCA Would suit an investor / SMSF / homeowner / holiday accommodation Current lease in place - Commercial and Residential tenant Current commercial rental income - $2002/month inc of GST ($24,024 /annum inc of GST) Current rental income for the unit - $1,680/month inc of GST ($20,160/annum inc of GST) Total annual income for the whole building - $44,184/annum inc of GST Outgoings include - 50% council rates ($2,950/annum), 50% water rates ($633.80/annum ) plus insurance Excellent investment, same owners for many years, high occupancy rates Possibility to add a granny flat (STCA) and increase ROI. Set on a 657m2 approx block with abundant off street parking This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity. Live on site and run a business, rent both, live in the whole residence or set up the perfect walk to town Airbnb.

50 Govetts Leap Road Blackheath NSW 2785


Opportunity to invest in this character cottage with commercial and residential usage. Located in a prime position in the heart of Blackheath village with 2 leases currently in place, offering a valuable opportunity for investors.

The X factors include:

Prime location in the main street with high level exposure and foot traffic
Single weatherboard building with retail space at front and residential unit at the rear.
Zoned - E1 Local Centre - allowing for a variety of commercial uses STCA
Would suit an investor / SMSF / homeowner / holiday accommodation
Current lease in place - Commercial and Residential tenant
Current commercial rental income - $2002/month inc of GST ($24,024 /annum inc of GST)
Current rental income for the unit - $1,680/month inc of GST ($20,160/annum inc of GST)
Total annual income for the whole building - $44,184/annum inc of GST
Outgoings include - 50% council rates ($2,950/annum), 50% water rates ($633.80/annum ) plus insurance
Excellent investment, same owners for many years, high occupancy rates
Possibility to add a granny flat (STCA) and increase ROI.
Set on a 657m2 approx block with abundant off street parking
This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity. Live on site and run a business, rent both, live in the whole residence or set up the perfect walk to town Airbnb.

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