128 Elder Street

$1,750,000 - $1,900,000


Property Features

Property ID: 3460423

Land Size
474.00 m2

Dual Investment Opportunity

Rare opportunity for investors/developers or owner-occupier to purchase a large free-standing commercial/residential property in main shopping strip of the trendy village of Lambton. The large block of just under 500 square metres presents amazing potential. The surrounding area comprises quality homes and selective specialty shops.

The shop front is currently a cafe fully leased until January 2023. The rear of the property is a large two-bedroom cottage leased until June 2022. Gross rental income is just under $50,000 p.a.

Property also features a large 8.5m x 11m (93.5m2) insulated storage shed which has great potential for additional rental return.

Small garden at back of property includes 2000ltr water tank, fruit trees & vegie patch.

For further details or to arrange private inspection contact Cam Isli 0477 021 108

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