Investors and Developers Gem
Property ID 2008607Located in the bustling Ballarat CBD is this outstanding investor/developer or owner occupier commercial property with huge potential. The property comprises a ground floor retail shop ready to be leased at $42,000pa or used for your own business together with 3 upper level former flats which would suit cosmetic updating to generate inner city living with potential to add approximately $500 per week rental income. At the rear of the shop is a stand alone former stable building which has been converted to a trendy salon with cobblestone lane frontage. There is a parking space on site and an advertising sign on the south side of the building which adds a further $5,000pa to the income stream. Don't miss this flexible Ballarat CBD commericial opportunity.
Due diligence checklist - for home and residential property buyers