Prominent Retail Investment

1, 3, 5 PRINCESS STREET, MACKSVILLE


$2.1 Million

Commercial

Overview

This prominent business hub is being sold as a package deal. Comprising 3 separate titles with a total of 7 highly exposed retail spaces at street level & a generous 2 bedroom residential apartment set on the second storey. Located in a prime retail area opposite the Nambucca River with off street parking at the rear. This is a multi income asset with secure tenancies in place & a gross yield of 8%. Total land area of approximately 949m2, Prime position offering high exposure to foot traffic with ample parking available at council car park nearby. Building suite 1 comprises an independent legal practice leasing two shops with a generous 2 bedroom residential unit above, a large established cafe/takeaway & a professional dental practice. Building 2 is a dual income retail space with an up market womens clothing store & homewares & building 3 is a law practitioner who has been in place for many years. For more detailed information on income & expenditure please contact agent.

Details

Property ID : 41380
Price : $2.1 Million
Property Status : For Sale

Location