154 St George Street, Mungindi 2406

For Sale

$279,000

613 sqm

A Great Investment Opportunity - Potential 8.25% Net

A perfectly positioned commercial building, situated on 613* square metre corner block in the main street of Mungindi

Key Features

- The building consists of four shopfronts

- Two shopfronts are currently occupied by long-term tenants operating a takeaway cafe

- The sale will include six months leases on the other two shopfronts that have been fitted out and utilised previously for a beauty and hair salon that could also be used as office/storage space

- Based on current outgoings the property has the potential to achieve an income of approximately $23,000* per annum or 8.25%

For further information please contact Tara Seaton on 0419 499 873 or tseaton@mccullochagencies.com.au