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Lot 1/56 High Street, Wauchope, NSW 2446
7For Sale
$1,250,000 No GST - Sale of Going Concern
Main Street Wauchope Property
* Freestanding Strata opportunity in the heart of Wauchope CBD.
* Ground Floor commercial premises of 212 sqm approx.
* First floor 3 bedroom residence with office of 188 sqm approx.
* Existing leases in place for both tenancies.
* Good onsite parking at rear.
* A great opportunity to secure a main street CBD investment property in Wauchope.
* Zoned B2
- Local Centre.
* Outgoings: Council Rates $4,731 PA approx; Building Insurance $4,655 PA approx.
* Waterman's Café premises located at the rear of the subject property is not part of this Sale.
Tenancy 1
- Ground Floor Shop 1
- Commercial Tenant: David Ross Lindsay Pty Ltd T/A Harcourts Real Estate
- Lease for Five (5) years commencing 1 April 2020 and expires 31 March 2025 with further Five (5) year option
- Current Rental $51,323.16 PA GST Exc
- Rent Reviews
- 3% Annual Reviews, Market at Option
- Outgoings
- Lessee responsible 33% of Council Rates; Water, Sewage & Draining Charges + Land Tax
- Five (5) allocated car parking spaces
Tenancy 2
- First Floor Residence
- Residential lease
- Lease for One (1) year commencing 12 April 2024 and expires 10 April 2025
- Current rental $26,000.00 PA GST free
- Two (2) allocated car parking spaces
Total rental income $77,323.19 PA Gross GST Exc + 33% of Council Rates, Water, Sewage & Draining Charges + Land Tax
Contact Raine & Horne Commercial
Graeme Garrett 0417 243 727
E: ggarrett@rhcpmq.com.au
T: 02 6584 0544
Shop 3, 136 William Street, Port Macquarie
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L25891405
- Property Type:Retail
- Building / Floor Area:401 sqm
- Land Area:401 sqm
- Car Spaces:7
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Mortgage Broker
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