105-105a Reibey Street
Ulverstone TAS 7315
$470,000
INVESTMENT OPPORTUNITY OR BECOME YOUR OWN LANDLORD!
Sitting at the top end of Reibey Street and built in 1961, we are pleased to offer this commercial premises comprising two separate shop fronts.Currently number 105 is tenanted to a long standing hair salon which has been leasing the site for over 30 years. 105a is leased to a food distributor.
At the rear of the building is a private and secure courtyard with separate amenities for each store. There is ample parking available in The Quadrant Carpark located at the rear of the property.
There is potential for development of an upstairs residence (STCA).
Current lease to the hair salon is on a 2 year term effective Nov 2023 at $350 per week plus outgoings. Shop 2 is on an initial lease of $300 per week plus outgoings for 12 months.
Inspection of this property is by appointment.
Features
General Features
- Land Area: 220sqm
- Commercial Type: Retail
- Building Area: 146sqm
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Elders Real Estate Ulverstone
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