Eden Terrace - COMMERCIAL STARTER WITH RESIDENTIAL OPTIONS

Description

Tender: Closes on Tuesday 30 August 2022 at 2:00PM (unless sold prior)

• Central Eden Terrace, top location with easy access around the city

• One Freehold title
• Two separate standalone buildings approximately 100m² each
• Seven cars can fit on-site
• One building tenanted, one vacant
• CV $1,425,000
• Mixed Use zoning

This is like a starter pack for the commercial property market. A very achievable price range which will interest a variety of buyers; a small owner-occupier business who can occupy one building and potentially grow into the other, an investor looking to diversify from residential, or it will simply suit a buyer looking to live in one building and retain the income from the other.

These buildings were constructed in 1998 and present in a very tidy and well-maintained condition. The rear building will be vacant whilst the front building tenant has an option to renew the lease for a further two years.

Location is great, being some 200 metres to the top of Symonds Street and about the same to the new CRL Mt Eden station.

These buildings are great little earners! Call or email the sole agents for further details.