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Allora, 52 Herbert Street

Two Main Street Shops and a 3 Bedroom, 2 Bathroom Home

$460,000 No GST

Listing Number: QCK2969
About this listing
The main street frontage of these two shops ensure tenants will be available if any were to vacate. The 3 bedroom, 2 bathroom house at the rear of the shops is tenanted with an over all returns of 8% for all 3 tenancies. Allora is a popular farming town with a medical centre, golf and bowls club, bed and breakfast and hotel accommodation all with a friendly local atmosphere. There are regular community events and activities for all the family. A great place to invest in. Warwick is short 20 minute drive away for major shopping or there is a large IGA store stocking all your household requirements.
Property Information
  • Floor Area: 1356 sqm
  • Land Size: 8094 sqm
  • Property Type: Other (Bed & B/Fast-2 Shops+ restaurant+2 houses)
  • Land area
    • Yard Square Metres: 3044
  • Property Features: 52 Herbert St. 2 Shops + 3 bedroom house returning $720.00 per week., Building Name: Dalrymple Bed & Breakfast
  • Property Details: Tenanted Investment
  • Commercial information
    • Zone: Restaurant - Shops - Residential B&B
  • Tenancy: Additional Details: The property is managed by two different agencies and the restaurant is vacant. The Bed & Breakfast has clientele regularly during the week and on week ends.
  • Tenancy 1: Rental net/gross p.a.: $,11,700 Gross, Tenant Name: Allora Hair Salon
  • Tenancy 2: Commencement Date: 24 November 2018, Expiry Date: 24 January 2019, Rental net/gross p.a.: 16,640 Gross, Tenant Name: Alicia Atkins, Term (years): 3 Monthly
  • Tenancy 3: Rental net/gross p.a.: $11,700 Gross, Tenant Name: Amy's Coffee Shop

Contact Details

Landmark Harcourts Cooke

67 King Street

Property Location

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