This iconic building (Across from St Albans Railway Station) Comprising of:
Downstairs - Approx: 207m2 and Leased on a base 3x3x3. Existing rental of $2,750 pcm with 3% yearly increases
Upstairs - fully contained & renovated - 3 bedrooms, living room, kitchen, separate toilet, bathroom and laundry. Leased at $1473 pcm on a periodic agreement.
This building offers dual income. The upstairs area (with separate entrance) can also be rented as an office or commercial/retail activity (S.T.C.A)
Please note that this property is accessible from Alfrieda Street and is an opportunity not to be missed. An absolute blue chip investment with dual income inside and scope for capital gain increase. A must for the Astute and knowledgeable investor.