Here's another property, which has been sold, for discussion. It's a much smaller property than the Queensland one, so it may be in a range people could afford.
http://www.realcommercial.com.au/property-retail-nsw-wagga+wagga-5835711
Strengths
.Excellent positive returns
.Affordable- sold for $195,000
.Long lease in one unit. Seven years gives a better chance for a bank loan- although it could perhaps be bought easily with existing equity for many
Weaknesses
.Short lease in one unit
.Not a desirable part of town. Google streetview shows lots of graffiti.
Opportunities
.Possibility of letting out one if the lease option is not taken up
.Smaller building on a larger block of land
Threats
.Shop goes out of business
http://www.realcommercial.com.au/property-retail-nsw-wagga+wagga-5835711
Strengths
.Excellent positive returns
.Affordable- sold for $195,000
.Long lease in one unit. Seven years gives a better chance for a bank loan- although it could perhaps be bought easily with existing equity for many
Weaknesses
.Short lease in one unit
.Not a desirable part of town. Google streetview shows lots of graffiti.
Opportunities
.Possibility of letting out one if the lease option is not taken up
.Smaller building on a larger block of land
Threats
.Shop goes out of business