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Retail in Tumut
Commercial Investment
- Building: 1m²
- Large commercial property in the CBD of Tumut
- Comprises of 11 shops of various sizes
- 2 storey, double brick construction for the majority of the building
- Tenants include Bakery, Chiropractor business, furniture store and government funded agencies just to name a few
- The building is in a very good condition with loads of character and history
- Based on a rental returns of an average over the last 2 years of approx $84,000 + GST per year. This would equate to around 7.81% gross return. Far higher on a fully let basis.
- Very motivated vendors ready to retire
- Sold as a going concern for the purpose of GST.
Building:
1m²
Categories:
Retail, Offices
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