Lake Munmorah.
638 Pacific Highway
2 
1 
1 
$1,150,000 - $1,200,000
Investment Opportunity With Great Return Potential!
Welcome to this exceptional dual occupancy property in Lake Munmorah! This is an amazing investment opportunity that offers an ideal combination of main road positioning and great return potential.
At the front of the property, there is a takeaway shopfront that has a long-term tenant in place, ensuring a steady and reliable income stream. This prime location offers excellent exposure to passing traffic, providing great visibility for the business. The current shop tenant is in lease until October 2025, paying $4,322.50 per month with the lease allowing a 5% increase each October.
The shopfront includes kitchen, grease trap, parking at front and rear, and is complemented by a studio with a shower and toilet, included as part of the lease.
Located at the rear of the block, there is a neat and tidy two bedroom house that is leased separately. The house is currently occupied by great tenants. The spacious and modern layout of the house is perfect for a small family or couple who want to enjoy the peace and privacy of their own space.
This dual occupancy property is an amazing opportunity for any savvy investor looking for a great rental return. The combination of the main road shopfront, granny flat, and separate granny flat provides multiple income streams and plenty of flexibility. The long-term shop tenants and great house tenants make this a low-maintenance and hassle-free investment opportunity.
Don't miss out on this rare and exciting investment opportunity in Lake Munmorah! Contact us today for more information, or to arrange an inspection and see for yourself the potential of this incredible property.
Dual occupancy opportunity
Commercial shopfront with granny flat - 100% outgoings paid by tenant
Ideal main road exposure for shopfront
Modern two bedroom flat at rear, currently leased for $490 per week
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, The Wiseberry Heritage Group, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
At the front of the property, there is a takeaway shopfront that has a long-term tenant in place, ensuring a steady and reliable income stream. This prime location offers excellent exposure to passing traffic, providing great visibility for the business. The current shop tenant is in lease until October 2025, paying $4,322.50 per month with the lease allowing a 5% increase each October.
The shopfront includes kitchen, grease trap, parking at front and rear, and is complemented by a studio with a shower and toilet, included as part of the lease.
Located at the rear of the block, there is a neat and tidy two bedroom house that is leased separately. The house is currently occupied by great tenants. The spacious and modern layout of the house is perfect for a small family or couple who want to enjoy the peace and privacy of their own space.
This dual occupancy property is an amazing opportunity for any savvy investor looking for a great rental return. The combination of the main road shopfront, granny flat, and separate granny flat provides multiple income streams and plenty of flexibility. The long-term shop tenants and great house tenants make this a low-maintenance and hassle-free investment opportunity.
Don't miss out on this rare and exciting investment opportunity in Lake Munmorah! Contact us today for more information, or to arrange an inspection and see for yourself the potential of this incredible property.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, The Wiseberry Heritage Group, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
