Shop 7/35 Fawcett Street BALLINA NSW 2478
$520,000

DESCRIPTION

Longstanding tenant on a 5 year lease in the popular Riverside Apartment Building. Ideal location for the tenant at the base of a residential complex opposite Fawcett Park near Woolworths in Ballina’s CBD. This freehold would be a welcome addition to your investment portfolio or an ideal way to start one.

Area: 99 sqm
Annual rental increases
Tenant pays outgoings
Net Return: $36,508 p.a. (x CPI in July 2018)

Superb opportunity to purchase in an excellent building with a secure tenant.