2170 Seaborne Street PARKERVILLE, WA 6081

For Sale $1,030,000
Real Estate Agent
Property Agent
Property Details

2170 Seaborne Street PARKERVILLE, WA 6081

For Sale $1,030,000
Other
Description

OPPORTUNITY KNOCK IN PARKERVILLE COMMERCIAL MIXED USE

Other - PARKERVILLE WA

There are three unique parts to this FREEHOLD puzzle, all on 2,271 sqm. Located on one of Parkerville busiest roads.

Firstly we have the Parkerville General Store, such an iconic store in the hills dating back well over 100 years. This is currently being rented out at $24,000 per year.

Secondly we have the Brook Restaurant, capable of seating 80 people inside and out, plus lawn area. This classic venue rests on the edge of Jane Brook. Picture perfect setting for functions and weddings. The restaurant is currently closed and we are seeking a tenant at $36,000 per year.

Thirdly we have a 1 bedroom flat that sits above the restaurant area. This could be rented for $200 per week, bringing in another $10,400 per year.

Making the total rent possible of $70,400 per year.

At a $1M that’s just a little over 7% ROI

For an inspection please call me Jim Middleton on 0423 768 592 (please do not approach the tenants)

Property Features
  • Other
  • Land is 2,217 m²
  • Floor Area is 2,217 m²