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232-232a Kingston Rd 673 SF Retail Condo Unit Offered at $397,188 CAD in Portsmouth PO2 7LR

Investment Highlights
- Located on major arterial route onto Portsea Island
- Good road links via M275
- Public parking options
Executive Summary
Three-storey property featuring ground floor retail space and further two above floors used as residential flats.
Property Facts
| Total Building Size | 673 SF | Typical Floor Size | 673 SF |
| Property Type | Retail (Condo) | Year Built | 1960 |
| Building Class | B | Tenancy | Single |
| Floors | 3 | Lot Size | 0.02 AC |
| Total Building Size | 673 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 673 SF |
| Year Built | 1960 |
| Tenancy | Single |
| Lot Size | 0.02 AC |
Amenities
- Signage
- Storage Space
1 Unit Available
Unit 232
| Unit Size | 673 SF | Sale Type | Investment |
| Price | $397,188 CAD | Tenure | Freehold |
| Price Per SF | $590.17 CAD | Cap Rate | 3.07% |
| Condo Use | Retail | NOI | $12,192.73 CAD |
| Unit Size | 673 SF |
| Price | $397,188 CAD |
| Price Per SF | $590.17 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 3.07% |
| NOI | $12,192.73 CAD |
Description
Mixed commercial and residential building with the ground floor occupied and trading as Matts Fisheries.
Sale Notes
The retail unit is let at £550 pcm with two years remaining on the lease. The upper three floors of living accommodation is available with the benefit of vacant possession.
Interior
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Nearby Major Retailers
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Street
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232-232a Kingston Rd
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