43 Elkhorn Avenue BELLARA QLD 4507
Offers over $850,000

DESCRIPTION

Rare opportunity to buy a blend of residential and shop in a central location in Bellara. Downstairs is a 69m2 office/shop space ready to rent with ladies and gents toilets and a/c included. Upstairs there is a renovated 3 bedroom residence with 2 large balconies. Includes a lock up garage and 3 under building carports. Double brick construction with suspended slab between levels. Live upstairs and run your own business, live up and rent downstairs out, or rent both out for a full return. Currently on 1 title, with potential to strata title.

Potential rent:
Downstairs shop $26,000 p.a.
Upstairs unit $23,400 p.a. @ $450 per week
Total gross return potential of $49,400 per annum.

Outgoings which can be offset and charged back to the shop tenant when leased
Rates: $700.00/quarter
Insurance: $4,360.00