Introducing a Prime Commercial Investment Opportunity in Avoca, the Heart of the Pyrenees.
This exceptional property is a lucrative investment nestled in the heart of the enchanting Pyrenees winery region. Boasting a versatile layout & well positioned with two street frontages, both Rutherford Street and High Street, it comprises two stylish retail shops with Govt tenant and a cozy residence with a long term renter, offering a unique blend of investment categories for security and peace of mind.
Some of the many property Highlights include: 2 well-appointed Retail Shops: Positioned prominently along Main Street (the Sunraysia Highway), these charming retail spaces offer maximum exposure to the busy tourist passing traffic.
Picturesque Residence: Accessed from Rutherford Street you can enjoy the convenience of living on-site or generate additional rental income from the residence. It's the perfect place to call home or provide a comfortable dwelling for a tenant.
Landscaped Main Street Frontage: Stroll along the very wide pavement, underneath the large verandahs and immerse yourself in the history & beauty of the landscaped Main Street with it's period architecture. The local Council has created a very inviting and captivating atmosphere for customers and visitors alike.
Center Medium with Amenities: The property is strategically located within proximity to a charming center medium complete with a playground, historic monuments, car parking, public amenities and a Petanque rink. This ensures that both customers and tenants have access to a pleasant and well-equipped environment.
Ample Customer Parking: Convenience is key. With ample customer parking, your visitors won't have to worry about finding a spot, making their experience all the more enjoyable.
Popular Tourist Destination: Avoca is a beloved tourist town, known for its vibrant atmosphere, gourmet foods outlets, cafes, bakeries, hotels, local wineries and a welcoming community. The property's prime location in this thriving hub ensures a steady stream of visitors, making it an attractive investment opportunity.
Government Funded Tenant: Enjoy peace of mind with a government-funded tenant, providing you with a secure and reliable source of rental income.
Multiple Tenants to Reduced Risk: The property is currently occupied by multiple tenants, diversifying your income streams and reducing investment risk.
Rental Income: The property currently generates rental income of $17,949.35 per annum which is below market value however still offering stable investment returns.
Don't miss out on this exceptional opportunity to own a commercial property in the heart of the Pyrenees winery region. Whether you're an investor seeking a reliable income stream or an entrepreneur looking for a prime location to grow your business, 128 High Street Avoca is the perfect choice.