Sold
House

3/14-15 Clarence Street Yamba, NSW 2464

Sold for $445,000 on 1 Mar 2018
  • 1 Bed
  • 1 Bath
  • 1 Car
Agents

Sold By

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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
  • Established, award winning tenant in place with long lease
  • Current lease through to May 2024 with option to renew to 2029
  • Annual rent of $30,000.00 net
  • Outgoings payable by the tenant
  • Lease provides for annual increases including CPI + 1%
  • Substantial fitout included in sale
  • Strong long-term investment in Yamba's main restaurant precinct
  • Net return of 6% plus on offer - better than money in the bank!
Features:
  • Air Conditioning
Building:

124m²

Parking:

1 garage space

Bedrooms:

1

Bathrooms:

1

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Suburb

Yamba

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