Sold for $700,000

Studio    1 Bath

Property ID: 20362583

Land Size: 227 m²

Bellingen Freehold Commercial!!

A super-rare opportunity and a simply magnificent A+ investment. Bellingen freehold CBD commercial premises are tightly held and rarely offered for sale. Currently occupied by 'Smoke & Barrels' restaurant on a 3 + 3 lease up until March 2025. Current rental is $670pw ex GST + outgoings showing a net annual rental of $34,840. The building is well presented and benefits from recent renovations, with a site area of 227m2, building area of 139m2 approx and rear lane access which is a benefit for deliveries. Being at the top of town exposure is outstanding with direct frontage to both pedestrian and vehicle traffic along the famous Waterfall Way tourist route. Land Zoning is B2 Local Centre. With bank interest rates at record lows, this property represents a superb place to invest your money, delay and expect to miss out!