Sold
House

2/14-15 Clarence Street Yamba, NSW 2464

Sold for $460,000 on 27 Oct 2017
  • 1 Bed
  • 1 Bath
  • 1 Car
Agents

Sold By

  • Loading...
House in Yamba

SOLD BY DANIEL KELLY

  • 1 Bed
  • 1 Bath
  • 1 Car

Looking for a freehold investment as part of your superannuation fund strategy, or simply to secure a better return than having money in the bank? This is for you!

Located in Yamba's well-known restaurant precinct with a secure, long term tenant in place, this investment opportunity is one that is not only offered at an affordable price, but also offers a nett return of over 6% p.a. Be very quick to act here!

  • Excellent freehold investment in prime location
  • Well-established long term tenant in place
  • Current lease through to July 2022 with option to renew to 2025
  • Annual rent of $29,341.61 nett
  • Lease provides for annual increases including CPI + 1% & market reviews
  • Substantial inventory of plant & equipment included in sale
  • Strong long-term investment in Yamba's main restaurant precinct
  • Nett return of 6.3% on offer - better than money in the bank!
Building:

113.6m²

Parking:

1 carport space

Bedrooms:

1

Bathrooms:

1

Loading...
Suburb

Yamba

Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.

Get your suburb report