237 Russell Street
$850,000
For Sale

Property Description

After being held for a number of years, this tasty commercial property is reluctantly being offered to the market. The premises is set on a 392 sqm block (on 1 title) within the CBD, but close to easy parking. There are 2 commercial tenancies on the street level - a Beauty and Cosmedic business and a busy dog grooming salon. There are 2 separate studio apartments which are accessed separately via a secure street gate. The older section of the premises features stunning golden toned floor boards on the shopfront floor and potential for occupation in the upstairs room, which overlooks Russell Street. Both retail tenancies have internally accessed toilets – a big plus for business tenants. The dog grooming salon has a roller shutter at the front which protects the glass shop front – wonderful security for that business. The property has a tidy rear yard, with ample space for 3 off street car parking space parking at the rear boundary, with 2x carports already intact with option for one more and with an electric roller door which allows access from the RSL carpark (not currently being leased to any of the tenants). Commercial tenant 1 - $15,420 per annum. Commercial tenant 2 - $16640.00 per annum. Flat 1 - $160 per week, Flat 2 - $150 per week.
This property represents a superb opportunity to capitalize on the location and heritage aspects. #1506365

Listed at $850,000 (+ GST if applicable)

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