Excellent Office-Residential Opportunity - $400000

Description

A 'multi purpose' office floor of 270sqm, currently configured for residential use with a 4 bedroom plus study (potential for 5th bedroom) apartment at the northern end of the floor, and a fully self contained office suite of 90sqm overlooking Dixon Street. Ground floor carpark, accessed direct off Dixon Street. The Apartment is currently let on a discounted basis at $560 per week, with the office suite of 90sqm available with vacant possession. Rating Valuation $920,000 @ 1 September 2007. Potential Gross Rental of $50,000 pa +. Call for further details.