11/128 William Street, Port Macquarie, NSW 2444
- Property No. 503587134
- Show Page Visits
- Sold Contact Agent
- Mon 19-Apr-21
Stunning 7.7% Net Yield ROI & 11.4% Gross Yield ROI
- > 7.7% Net Yield ROI & Prime Location
- > In excess of $42,800.00 pa
- > Secure tenant on 2 x 2 year Lease
- Land Area
- 71.00 m² (approx)
- Floor Area
- 52 m²
- Tenure Type
- Tenanted Investment
- Building
- Partial
- Last Updated
- Apr 19, 2021
- Return
- 12.0% P.A.
- Municipality
- Port Macquarie Hastings
- Car Spaces
- 1
- Parking Comments
- Allocated a Single Parking Lot under Building
- Zoning
- B3 Commercial
Interested in this property? Contact an Agent today
Stunning 7.7% Net Yield ROI & 11.4% Gross Yield ROI
This fantastic Going-Concern opportunity is located on the ground floor of the Galleria Building in the Hub of the Port Macquarie CBD with two-way street exposure from Short and William Streets.
Situated immediately across the road from the Mantra Quayside, Post Office, other shops and the beautiful Hastings River, these premises offer years of high investment return options with a current stable tenant operating from the premises on a 2 x 2 year lease and plans for more thereafter.
With the premises currently producing around 10.4% return on investment you'll struggle to find other prospective investment opportunities either privately or through your business activities or even your SMSF achieving such impressive results.
Furthermore, a shrewd business entrepreneur may also see an opportunity down the track to become an owner operator of these premises and take advantage of its fantastic thriving location, but be assured the current commercial tenant is keen to stay here indefinitely which should further confirm the surety of the premises location.
As referred to above the current commercial tenant, Photoworks Express is currently 1 year into