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House • 8mo
$900,000 - $950,000
50 Govetts Leap Road, Blackheath, NSW, 2785, Australia
4
2
5
657 m²
Nearest stations
Blackheath
79M (1 mins)
Property Features
- Floorboards
About this Property
Opportunity to invest in this character cottage with commercial and residential usage. Located in a prime position in the heart of Blackheath village with 2 leases currently in place, offering a valuable opportunity for investors.
The X factors include:
• Prime location in the main street with high level exposure and foot traffic
• Single weatherboard building with retail space at front and residential unit at the rear.
• Zoned - E1 Local Centre - allowing for a variety of commercial uses STCA
• Would suit an investor / SMSF / homeowner / holiday accommodation
• Current lease in place - Commercial and Residential tenant
• Current commercial rental income - $2002/month inc of GST ($24,024 /annum inc of GST)
• Current rental income for the unit - $1,680/month inc of GST ($20,160/annum inc of GST)
• Total annual income for the whole building - $44,184/annum inc of GST
• Outgoings include - 50% council rates ($2,950/annum), 50% water rates ($633.80/annum ) plus insurance
• Excellent investment, same owners for many years, high occupancy rates
• Possibility to add a granny flat (STCA) and increase ROI.
• Set on a 657m2 approx block with abundant off street parking
This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity. Live on site and run a business, rent both, live in the whole residence or set up the perfect walk to town Airbnb.
The X factors include:
• Prime location in the main street with high level exposure and foot traffic
• Single weatherboard building with retail space at front and residential unit at the rear.
• Zoned - E1 Local Centre - allowing for a variety of commercial uses STCA
• Would suit an investor / SMSF / homeowner / holiday accommodation
• Current lease in place - Commercial and Residential tenant
• Current commercial rental income - $2002/month inc of GST ($24,024 /annum inc of GST)
• Current rental income for the unit - $1,680/month inc of GST ($20,160/annum inc of GST)
• Total annual income for the whole building - $44,184/annum inc of GST
• Outgoings include - 50% council rates ($2,950/annum), 50% water rates ($633.80/annum ) plus insurance
• Excellent investment, same owners for many years, high occupancy rates
• Possibility to add a granny flat (STCA) and increase ROI.
• Set on a 657m2 approx block with abundant off street parking
This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity. Live on site and run a business, rent both, live in the whole residence or set up the perfect walk to town Airbnb.
Gallery
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0.37 sqmAlan Gregory
Ray White - Blackheath
+ 61 0418654779
Patricia Rogan
Ray White - Blackheath
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More Details on 50 Govetts Leap Road, Blackheath NSW
How many bedrooms and bathrooms does 50 Govetts Leap Road, Blackheath have?
50 Govetts Leap Road, Blackheath is a 4 bedroom, 2 bathroom house.
Who is the agency that listed 50 Govetts Leap Road, Blackheath?
The agency who listed 50 Govetts Leap Road, Blackheath is Ray White - Blackheath - you can contact the agents here.
How many car spots does 50 Govetts Leap Road, Blackheath have?
50 Govetts Leap Road, Blackheath is a 5 car spot home.
How much is 50 Govetts Leap Road, Blackheath?
The price of 50 Govetts Leap Road, Blackheath is $900K - contact the agents to find out more.