• Multi-tenanted investment
• Upside with vacancies
• Returning circa $66,000pa + GST
• Main Street exposure
Offering multiple tenants and the opportunity to further increase return utilising the vacant space, the property boasts an excellent profile and substantial footprint. The property features four tenants, comprising popular food businesses, with one ground-floor space still available. The upstairs vacancy is perfect for a professional or office tenant who doesn’t require street frontage but values separate offices, kitchen, and bathroom facilities. Alternatively, an owner-occupier could explore converting this space to residential use if desired. Additionally, the rear of the property houses a residential tenant on a fixed one-year term, adding to the diversified income profile. With its excellent Main Street exposure, the property benefits from high visibility and substantial foot traffic. Strategic refurbishments and lease adjustments could further enhance its value and returns. This is a unique opportunity to make a significant impact in Huntly, balancing an attractive holding income with the potential for future growth.
