Perfect for the Investor, Business Owner or Developer!
Property ID 1692277Currently configured as two commercial shops with one being leased to a local business presently, the astute investor looking to buy and hold these low-maintenance shops could see them almost pay for themselves from day one. Looking for a place to run your business from? The iconic 'Jubilee Street Shops' could be the base for your next business idea. Utilise the existing use rights and consider a change to other commercial uses such as consulting rooms, a local medical centre or even a restaurant or two**. If that isn't enough, the zoning could allow conversions into residential housing with a potential second storey**. The properties are all individually serviced. For definite sale either individually or together 83 & 85 Jubilee St must be considered!
- Zoned R2 Low Density Residential
- Both properties under Torrens Title ownership
- Building sizes No.83 63m2* and No.85 45m2*
83 Jubilee Street $140,000 + GST
85 Jubilee Street $160,000
**Subject to council approval (STCA) Outlines indicative only