23-25 Wallendoon Street, Cootamundra

Fully Renovated Dual Purpose Investment

Flemings Cootamundra are pleased to offer 23-25 Wallendoon Street, Cootamundra to the market for Sale.

This is an incredible opportunity for investors to secure themselves an impressive property with two income streams. Or for any occupiers looking for a quality residence with additional income from the neighbouring business.

The Shop
- 3 + 3 + 3 year lease with an established occupant who has been in operating from the premises for 15 years
- Rental income of $295/week + outgoings
- Immaculately presented nursery & homeware business
- Improvements include; a circa 1910 original 'bakery', light-filled shopfront & a large courtyard with partial covering.
- Massive 9.5m x 9.5m shed with bathroom amenities and side lane access

The Home:
- Newly renovated two-bedroom, one bathroom terrace
- Large galley-style kitchen with island bench and stainless steel appliances opening out to an enclosed and paved entertaining area via bi-fold doors
- Walk-in pantry
- Large laundry + brand new bathroom with dual vanities.
- Timber floors with under-floor heating + reverse-cycle AC and double glazed windows
- Currently leased for $350/week.
- Ideal for prospective buyers to live in or lease out for additional income.

Total passing income is $645.00 per week + outgoings.

Cootamundra is located approximately 4hrs to Sydney, 1hr to Wagga Wagga and 2hrs to Canberra.

For more information or to arrange an inspection, please contact Flemings Cootamundra on 02 6942 2480.