< >

Entry Level Retail Investment

16 Rothbury Street Bald Hills

Sold $260,000

Located at 16 Rothbury St, Bald Hills, this entry-level retail investment presents an excellent opportunity for investors seeking a secure, income-generating asset. The property is currently leased to two well-established tenants, Friendly Grocer and Hair Sensations, ensuring a steady rental return. Positioned in a convenient and easily accessible location, this investment offers strong local foot traffic and long-term growth potential.

Key Features:
Net return of $16,207 approx. Per Annum + GST Friendly Grocer on a 5 year lease expiring June 2028 Hair Sensations on a 3 year lease expiring July 2027 Currently under rented and provides an excellent opportunity for rental reversion at market reviews Great local catchment with captive audience to surrounding residents and local school located within walking distance

Sold

Price Guide

$260,000

Property Type

Retail

Land area approx

321sqm

Floor area approx

118sqm

Share This Property

×
Property Enquiry