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3 Hackman Street, Mcdowall

3
BEDS
|
2
BATHS
|
3
CARS
Sold for $821,800
Sold on 20th February 2023

Commercial and Residential Package with Investment Success - Great Returns

This unique property offering represents an exciting opportunity to acquire a versatile future business & residential package in the popular McDowall community. It has been well-designed and is presented in top condition featuring a generous three-bedroom residence with a successful day care centre below. The property is well-appointed throughout and offers an excellent investment prospect with an established income stream and a quiet location that has local parks, shops and bus connections all within a stroll from the front door.

Features include:

• 3-bed 2-bath residence upstairs with day care centre below

• Currently leased to a single tenant and returning $1,095.00 per week with yearly increases.

• $420 residential lease plus $675 per week on a commercial lease

• Lease commenced 2/12/2019 with a three year lease including 2 x 3 Year lease options

• Modern kitchen and bathrooms plus three bedrooms with ceiling fans

• A large covered entertainment area that leads off the dining space

• The day care centre has a playground and covered outdoor area

• Scope to use as an investment, future home business or home plus income

• Bus stop close to the front door, moments to neighbourhood parklands

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Property features

  • Ensuites: 1
  • Open Car Spaces: 3
  • Toilets: 6

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  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street
  •  3 Hackman Street