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Block of Units for Sale in Corowa
Prime Main Street Investment - Dual Commercial Tenancies with Huge Potential
- 5 Beds
- 2 Baths
- 1 Car
Positioned right in the heart of Corowa's main street, 44-46 Sanger Street presents a rare opportunity to secure a solid investment with fantastic future potential.
Currently comprising two established commercial tenancies with long-term occupants, both shops generate a combined rental income of $500 per week, with room for an increase. Each tenant is on a month-to-month basis and keen to stay, providing immediate income and stability for investors.
Upstairs holds the blank slate on which you could build whatever your heart desires. It could be renovated into two separate high-value apartments, a b & b in the ideal location, or even a cozy cafe. The possibilities are endless.
The deep block also offers ample space at the rear for further development (STCA), adding even more value to this versatile property.
Key features:
- Dual shopfronts in Corowa's thriving main street
- Long-term commercial tenants currently paying $250pw each
- Potential to renovate upstairs
- Large rear area ideal for further development (STCA)
- Secure investment with future growth opportunities
- Total asking price: $650,000
Whether you're an investor seeking strong returns or a developer looking to capitalise on Corowa's growth, this property is a must-see.
Contact us today for further details or to arrange an inspection.
792m² / 0.2 acres
1 garage space
5
2
Agents
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