231 William Street, Allenstown QLD 4700

The heart of Allenstown full commercial listing…8% gross yield before outgoings

4 2 2

956m2 full of potential with 2 massive 2 x 2 units and a shop which is currently a barber shop on the one title
Tenants pay $270 and $230 for the units
Tenant pays $350 for the barber shop currently
This equates to $850 return per week
Highlighted is its location and central position
Buy now, enjoy the cashflow and perhaps upgrade later
The block is massive with side and rear access easily via the barber shop
Rates approx $6000 per annum

Ideally positioned, the buyers can enjoy sustained capital growth plus the option of upgrading the rents and possibly increasing future capital cash flow for the potential buyer. Please call and investigate this property as it is located in a great position. The units are about 220m2 under roof and the barber shop is 30m2 under roof and has been operating for over half a century.

Price: Buyers Over $555,000

Key Details & Features

Landsize : 956.00 squareMeter
Property ID : R2-3151392
Lockable garage: 2