Port Macquarie.

Perfectly located in the bustling Galleria Building directly opposite our office is this 71m2 shop with 1 x basement carspace. Currently leased until June 2028 plus a 1 year option @ $33,600 gross per annum. Outgoings whilst covered by the landlord are approx $12,120 per annum making a net rental of $21,480 per annum. The same tenant has been here for many years operating a Kodak Camera Store being a brand name in photography and shows they intend to stay around.

With frontage into both the arcade and Short Street also boasting clear waterfront views, opposite the Post Office and Mantra Quayside plus a strong presence being at the main road roundabout in the CBD, this strata shop has many uses both now and in the future. With a 4.57% net return @ asking price which is awesome as you wont get this return from a residential property. If you or even your SMSF have been looking for a low maintenance asset with reliable rental income then this is your next highly suitable, set and forget investment property. Properties with such a great NET return in a top location like this rarely come along so grab a rock solid investment like this before it sells. Call Stephen Thompson on 0415647226 to secure this property.