features two commercial tenancies at ground floor level and three apartments over three levels and backs onto Bond Street Laneway otherwise known as ‘No Name Lane’.
The premises offer a number of exciting possibilities for future development, as this area is popular with commercial tenants and accommodation options, whilst providing significant holding income with a mix of residential and commercial tenancies. Fully leased, the commercial premises are currently returning $15,600 PA Nett, and the three apartments are returning $86,840 PA gross.
Built back at the turn of the century, this brick masonry building has character heritage features typical of a building of this era.
Positioned close to the warehouse precinct, the premises back onto Bond Street Alley/Lane (with Steamer Basin Brewery, Wild Dispensary, amongst other tenancies) and fronts Princes Street with two commercial tenancies on the ground floor and independent access to two apartments fronting Princes Street – two being four-bedroom apartments and one being a one-bedroom apartment accessed from the laneway.
Enquire now for more information to the exclusive agent.
