244 Mount Street, Upper Burnie

This is a unit on a lot in 136745 Upper Burnie TAS. Constructed in 1940, it has 2 bedrooms, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
2
Land size
401 m2
Building size
189 m2
Council area
Burnie
Year built
1940
Lot plan
136745 Upper Burnie TAS
House type
Commercial: Retail Building



HISTORY

Last sold 09/08/2019
$345,000



LISTING DESCRIPTION
as of August 2019

So much opportunity This solid investment is located in Upper Burnie and is becoming a desirable spot to be in. This building has a lot of scope, whether it be a long term investment or for yourself to start your own business and live in the residence behind. If you are looking at a pure investment what you need to know is that the tenant has a lease to both the shop and residence.The shop leased until 10th August 2022 at a return of $350 per week + outgoingsThe residence - leased until 11th May 2020 at a return of $302.07 per weekMaking this purchase a gross return of over 8.5%. Now is the time to put your stamp on this building