38 Church St, Gloucester

PRICE ADJUSTMENT : $775,000 ONO

4 Beds 2 Baths 5 Cars 317 m2

ROCK SOLID INVESTMENT : COMMERCIAL WITH UPPER LEVEL RESIDENTIAL

 

Dual purpose building in the main street of Gloucester providing an opportunity to live upstairs and gain the rental from the downstairs portion.

The lower floor houses professional offices which can be split into 3 different tenancies, but currently let as one. Upstairs has 2 x 2 bedroom fully furnished flats with access from the front and rear of the building respectively, but has a connecting doorway should you wish to make it one large living area. Off street parking at the rear for 5 cars is accessed from the council maintained lane. This building presents in great order with fresh paint, new floorcoverings, appealing brick façade and large front display windows.

Residential leases are currently 12 month intervals with long term tenants. Commercial section has only had 3 tenants in the last 17 years proving the appeal of this property. This is your ideal investment property for a  self managed super fund, passive income producer or your home with benefits.  Details of leases and further information available from the Agent upon enquiry.

 

Details

Address 38 Church St, Gloucester
Price PRICE ADJUSTMENT : $775,000 ONO
Property Type Commercial
Property ID 220
Category Offices
Land Area 317 m2
Office Area 150m2

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Peter Markey

0418 633 060