28 Belmore Road Lorn 2320 NSW
RARE LORN COMMERCIAL PROPERTY WITH RESIDENTIAL INCOME
This amazing commercial/residential opportunity has arrived in pristine Lorn. Currently returning a residential rental of $485.00 per week across 2 separate flats, we see the potential of increasing the yield dramatically when the current leases expire.
Well positioned right in the hub of the main street, the interior of the building consists of 2 x Fully self-contained 1brm flats. The front unit has been renovated providing a higher yield while the rear unit would benefit immensely from a mini makeover potentially increasing the gross rent to over $500.00 per week.
Commercially, we would see this property stand out from the crowd and with its exposure, proximity to Maitland CBD and potential winning over the most astute buyer.
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Real Estate For Sale in Lorn, NSW 2320 priced between $340,000 and $640,000