9 High Street Bute, 5560 SA
Prime Commercial Investment Opportunity
This exceptional commercial property is now available with a 30-day settlement, offering a secure lease in place until October 2028, with renewal terms already exercised. The property delivers a consistent return of approximately $21,000 per year, plus all outgoings, ensuring a strong and attractive 7% return on investment. Significant upgrades have been made to the building and infrastructure, resulting in a modern and well-maintained space. The shop presents as clean, neat, and tidy, having been repainted and equipped with air conditioning. This property is perfectly positioned to benefit from the steady patronage of local residents and the influx of tourists visiting the area, making it a highly sought-after investment opportunity.
Key Features: * Lease Terms: Secure lease in place until October 2028, with renewal options exercised. * Income: Circa $21,000 per annum plus all outgoings, offering a solid 7% ROI. * Upgrades: Numerous improvements to the building and infrastructure ensure a hassle-free investment. * Presentation: Immaculately maintained and ready to go.
For Sale $320,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Rosalie Grickage