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Offices in Young
Freehold Commercial Property Auction
- Building: 57m²
- Land: 221m²
Additional Information:
Floorplan177 Boorowa Street, Young represents a rare opportunity to acquire commercial real estate in a tightly held market.
If you're ready to move into the lucrative commercial investment market, this property demands your attention.
Occupying a land area of approx. 221sqm's and comprising ground floor commercial premises plus upstairs residence, all double brick. The ground floor commercial premises is approx. 58sqm's with quality, internal amenities and split system air conditioning. The upstairs flat is in good condition. Notably the property is zoned B4 Mixed Use, integrating suitable business, office, residential & retail.
It's approx. 4.3m frontage to Boorowa Street, existing reception / office fit-out, rear lane access, parking & carport make this indeed an attractive offering.
Please Note: The upstairs flat and downstairs office space have now both been leased at a combined rental return of $24,345.00 pa.
Based on an estimated sale price in the mid $200,000 range, (ex-GST) this represents a gross return of nearly 10%.
Given the limited supply of commercial investments in the CBD with two new leases in place, you need to act now and prepare yourself for auction!
57m²
221m² / 0.05 acres
B4 Mixed
Offices, Retail