21 Mine Road Korumburra

NEW PRICE . . . This mixed use zoned property is situated in a high-profile location with optimal exposure with lots of through traffic. Currently leased to long-term tenants, (the tenants have recently taken up a 2 year option from 20/12/2024 to 20/12/2026. The lease does allow for rent reviews every 12 months as the lease goes forward. The rental amount will increase to $18,200 per annum ($350 per week) from December 21, 2024 (currently $300 per week). The building consists of a shopfront with showroom space, split level display space or storage plus a sizeable kitchen-dining area and provision for a bedroom and a bathroom to be reinstated at the rear of the premises. The block is 445.1m2 and boasts yard space and handy rear lane access. There is easy, adequate parking at the front as well as in a side street and at the back. Potential here to invest for now and create a business/dwelling opportunity in the future. Inspection by appointment only on days of opening only. Sun & Mon: Closed Tue-Fri: 12pm – 6pm Sat: 10am – 1pm Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.