$850,000.00

4

1

7

SOLD BY RE/MAX HINTERLAND

Do not miss your chance to secure this BLUECHIP Holding!!! 7%+ net potential on asking price! Better than money in the BANK!

Secure your very own commercial premises in the heart of Maleny and enjoy the additional benefits of a home on site for you and your family to reside, or to further boost the amazing rental income potential of this freehold site.

* 1266m2 (Over a 1/4 acre) of freehold commercial land in town
* 171m2 architecturally designed commercial premises over 2 levels – Superb design and quality!!!
* Character Queenslander offering 4 bedrooms + Study – Log Fire to living room – 1 bathroom
* Lock up garaging for 3 vehicles / carports for 4 vehicles – 10 sealed car parking spaces as well!
* Leafy and Private outlooks from both buildings with very low maintenance – NO LAWNS!!!
* Income potential on current market rates as follows: Commercial building: $37620 net potential rent, Residential Home – $22,880 per annum ($440 per week) – Total rent potential conservatively priced at: $60,500
* 7% net return potential on these figures in line with the asking price.

There are several options of use for this property:

1. Work and live at the one address
2. Rent both premises to commercial tenants
3. Rent 1 building as a commercial building and the other as a residential home.

HURRY! This will not last. Make your best business decision today and contact RE/MAX Hinterland to arrange your inspection.

18 Coral Street, Maleny

$850,000

4

1

7

Description
SOLD BY RE/MAX HINTERLAND

Do not miss your chance to secure this BLUECHIP Holding!!! 7%+ net potential on asking price! Better than money in the BANK!

Secure your very own commercial premises in the heart of Maleny and enjoy the additional benefits of a home on site for you and your family to reside, or to further boost the amazing rental income potential of this freehold site.

* 1266m2 (Over a 1/4 acre) of freehold commercial land in town
* 171m2 architecturally designed commercial premises over 2 levels – Superb design and quality!!!
* Character Queenslander offering 4 bedrooms + Study – Log Fire to living room – 1 bathroom
* Lock up garaging for 3 vehicles / carports for 4 vehicles – 10 sealed car parking spaces as well!
* Leafy and Private outlooks from both buildings with very low maintenance – NO LAWNS!!!
* Income potential on current market rates as follows: Commercial building: $37620 net potential rent, Residential Home – $22,880 per annum ($440 per week) – Total rent potential conservatively priced at: $60,500
* 7% net return potential on these figures in line with the asking price.

There are several options of use for this property:

1. Work and live at the one address
2. Rent both premises to commercial tenants
3. Rent 1 building as a commercial building and the other as a residential home.

HURRY! This will not last. Make your best business decision today and contact RE/MAX Hinterland to arrange your inspection.




* This property may or may not be marketed with a price and therefore a price guide cannot always be provided. The website may have filtered the property into a price bracket for functionality purposes. ** Every precaution has been taken to establish the accuracy of the material on this listing and all information provided has been gathered from sources we deem to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
Agent Details
Key Details
property ID 1075762
land size 1266m²
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Location