Leased Investment in Burnie’s CBD - 2 Income Streams

Sold for $193,523

This is an excellent opportunity to acquire a prominent dual retail property on the western end of Cattley Street in Burnie’s CBD.

- Two retails shops on approximately 177m2 of land (not strata titled)

- On-site parking at rear

- Separate front entrances for each tenancy and rear doors for staff entry

- Both shops have their own toilet amenities and a kitchenette at the rear of each shop

- 58a is leased to Zeal on Cattley until March 2021 with a further 3 year option

- 58b is leased to Bangarang Body Art until June 2021

- A good mix of neighbouring tenants both commercial and retail.

The investment offers a total income stream of approximately $20,746.97 pa with CPI increases annually. With these solid tenancies in place this is a great opportunity to add to or start your investment portfolio.