Here is a marvelous opportunity to acquire this fully refurbished double storey, brick property, central to the Inverell CBD.

23A Otho Street - The front of this building provides a great retail space or showroom, with large glass window display, reverse cycle air conditioning and kitchenette. Currently leased until October 2024, returning approx. $14,333 p.a including GST + outgoings.

23 Otho Street - The rear and second floor of this property is fitted as a functional and spacious office with separate entry, and comprises of 5 offices (3 upstairs, 2 downstairs), a reception area, Chubb walk-in safe, kitchenette and meals area, 2 modern amenities (one with shower) and two filing cabinet rooms.

This building has been freshly painted and new reverse cycle air conditioners installed throughout. Original pressed tin ceilings, ornamental fireplace and stained glass windows upstairs.

Currently leased until October 2024, for approx. $45,760 p.a including GST + outgoings, with an additional 3 year option.

This property enjoys a prominent CBD location, with high foot traffic and abundant car parking right out the front.

Neighboured by many established businesses including retail, cafes, banks, bakeries, offices and close to supermarkets.

Total potential rent: approx. $60,092 including GST p.a.

Site area: 286.6sqm 


Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

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Address 23 & 23A Otho St, Inverell
Price $845,000
Property Type Residential
Property ID 794
Category House
Land Area 287 m2
Office Area 286m2

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Amanda Green

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