High Profile Investment Property offering 8% Returns

$630,000


79 Sugar Road, Maroochydore, Queensland 4558

$630,000

  • 3
  • 1
  • 6

High Profile Investment Property offering 8% Returns

Amber Werchon Property presents to the market 79 Sugar Road, Maroochydore. This Perfect investment property that returns an attractive 8% yield, has recently been renovated, has quality tenants and is in a prime position. Don't miss out as this property won't be on the market for long.

The property currently has two separate leases in place. A commercial lease for the front of the property and a residential lease for the rear of the building. The front commercial lease has an entrance from the road and features 2 large office areas, storage area and toilet while the rear residential lease has 3 bedrooms, 1 with walk in robe, spacious dining area and living area, modern kitchen and one bathroom. Rear patio area faces large private back yard

The 607m2 rectangular block offers future potential for expansion or redevelopment. Other features include 160m2 floor space, recently renovated, air-conditioning and plenty of on-site parking in the front and rear of the property.

Located on a busy road, one of Maroochydore's most heavily trafficked roads, the exposure is an appealing feature when attracting and retaining tenants.
Total yearly rent increases by 3.5% to $51,940.09 on the 1st October 2020.

Call Rudi to book your private inspection today.

Features

General Features

  • Bedroom: 3
  • Bathrooms: 1
  • Off Street Parking: 6
  • Land Size: 607 m2 (approx)

Internal Features

  • Air Conditioning
This listing last updated:
20th May 2020

Marketing Contact

Marketing Agency

Rudi du Preez

Amber Werchon Property

Map Location ( get directions )

79 Sugar Road, Maroochydore, Queensland 4558