52 Herbert Street, Allora - $460,000
This property offers a combination of 2 shops and a 4 bedroom, 2 bathroom home. All leased with long term tenants, returning 8% gross. The commercial properties are currently leased, with one operating as a popular coffee shop and another as a hair salon. Both are reliable, long-term tenants providing a return of $720.00 per week (gross).
71 Herbert Street, Allora - $550,000
Currently vacant, this property would suit a coffee shop or a family restaurant, such as a Chinese or Asian Restaurant. There is inside and outside seating for approximately 100 people.
The catering equipment is included in the restaurant if required. There is a coffee machine, cold room and an option on furniture and equipment. The restaurant has solar connected to the grid for cost saving.
Attached to the commercial restaurant is a 3 bedroom, 2 bathroom home, with a fence providing separation and privacy from the restaurant. The residence is currently rented, returning $320.00 per week (gross). This would provide ideal accommodation for staff at the restaurant if required, or simply used to provide additional income.