Freehold Super Investment with Newsagency plus Residence - St George, Qld
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If you're looking for a strong Super investment that offers both options and security, this excellent opportunity in St George ticks all the boxes.
On offer here is a freehold commercial building, with a busy, long established newsagency plus an additional income stream from the upstairs apartment.
The only one in this busy country town, St George Newsagency offers excellent cashflow, with a 2016 net return of $180,000.
2 freehold blocks with commercial premises plus residence
2.5 bedroom residence generates $250 per week
Newsagency established for over 50 years
Owned and operated by the current owners since 2000
Excellent reputation plus regular, loyal clientele
Business turnover around $1 million plus agencies commissions of $70,000
Largest range of magazines, books and stationery in the area
Only Gold Lotto agency in town
Dry cleaning service + other products
The business has 7 sub agencies servicing the town and outlying areas
Fully computerised and easy to operate with bar-coding of all stock
Financial statements available for serious buyers
Whether you're seeking a Super investment, or strong family business, this one is well worth further investigation.
St George is a thriving town and service centre, offering great infrastructure, plus a variety of education and health services.
Future growth in the area will offer great potential for this already successful enterprise.
Price: $895,000 Freehold plus SAV
SERIOUS VENDOR PRICE REDUCED