Unit 2/ 2 Lyell Street offers investors and owner occupiers the opportunity to acquire this well positioned modern strata unit that is one 3 strata units in this small strata development. Situated on the corner of Lyell and Barrier Streets this property provided extensive Street exposure. The 3 units have been extensively upgraded over the last few years and the property and grounds have been well maintained by the vendors. Fyshwick has traditionally been a tightly held market and this listing is a rare opportunity to secure a tenanted investment.
Features: * One of 3 strata units providing two tenancies, unit 2 provides 457m2 of combined space. * Onsite parking for 4 vehicles * Ground Floor - 289m2 Vacant as of 29/June 2021 * Level 1 - 168m2 leased until 1/02/2022 however there is an opportunity for a new 3 year lease Passing Income = $34,000.00* As of April 2021 (ground floor tenancy ends 28 June 2021 allowing owner occupiers to move in) Outgoings = $11,638* Strata Fees = $3237.50* Total estimated outgoings =$14,875.50* Net Passing income = $19,000.00* plus GST
Please call the exclusive listing agent: David Toner BMR Commercial on 0402 673 547
(*estimated based on owners information )
No open inspections scheduled.
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Industrial Size:457 m²*
*These are approximate values based on available information.
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