14 Pope St,
Deadline Private Treaty
HIGH YIELDING MULTI TENANTED INVESTMENT
For Sale by Deadline Private Treaty closing at 4pm Thursday, 26 Sep 2019 (Unless sold prior)
Land Area: 260.00 m2. Floor Area: 287.90 m2.
Built in the 2000s, 14 Pope Street presents a modern investment opportunity with multiple tenants. The property is two storey and of tilt slab construction.
The ground floor consists of a pharmacy tenant (Qualmed) and is made up of partitioned offices, laboratory space and a small warehouse serviced by a full height container door. The first floor has two separate apartments, one two bedroom apartment and a one bedroom apartment. The apartments are modern, sunny and provide a good standard of accommodation. The property has a pleasant outlook and is located on a quiet street.
The site is located in a very convenient location with an abundance of amenity - with Tower Junction and Hagley Park just minutes walk away from the property. The property is only a short drive or walk to the emerging Central Business District.
The property is a must see for any investor wanting a high yielding, split risk investment with both a commercial and residential component.
The property has good cashflow, with a current passing rental of $71,294 per annum.
Call the sole agents to arrange an inspection.
For Sale by Deadline Private Treaty (unless sold prior) closing 4pm, Thursday 26 September 2019.