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Property currently has 3 tenants returning approx $26,600 per annum net. The rear yard is leased on a month to month basis and lends itself for further development. Two tenants occupy the building. Property has potential for owner occupier. Both tenancies have been extensively refurbished with offices, tea rooms and full bathrooms. 3 phase power on to the building. Investors and owner occupiers alike should inspect this property as the property has many options. Price of $332,500 represents an 8% Yield to an investor.
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