307 Bolsover Street
Depot Hill QLD 4700
$1,295,000 + GST (If Applicable)
FLEXIBLE COMMERCIAL INVESTMENT WITH MULTIPLE INCOME STREAMS & FUTURE UPSIDE
Positioned on a prominent 2,796sqm* site with valuable triple street frontage, this versatile commercial property presents an outstanding opportunity for investors and owner-occupiers alike.Currently occupied by four separate tenants on month-to-month arrangements, the property generates a passive net income of approximately $38,500 per annum while providing the flexibility to renegotiate lease terms, reposition the asset, or occupy part of the property for your own business.
Property Features:
- 2,796sqm* site with three street frontages
- Four existing tenants occupying various areas
- Net rental income of approximately $38,500* per annum
- All tenancies currently on month-to-month leases
- Approx. 1000sqm* of shed accommodation
- Approx. 200sqm* of awning area
- Flexible opportunity to increase income or owner-occupy part of the property
- Convenient location within close proximity to the Rockhampton CBD
Whether you're seeking an affordable investment with immediate holding income or a property offering future flexibility and upside, this is an opportunity well worth considering.
For further information or to arrange an inspection, contact Jonathon Offord today.
*Approximately.
Features
General Features
- Land Area: 2,796sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 2,796sqm
- Zoning: Commercial
Can I afford 307 Bolsover Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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