11-13 Majorca Road,
Maryborough, VIC 3465
Other
Price information
Sale
$470,000 - $495,000
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map of 11-13 Majorca Road
Train stations within 5 km of 11-13 Majorca Road, Maryborough, VIC 3465 Distance Maryborough Station 424 m POWERED BY HERE ©Bus stops within 5 km of 11-13 Majorca Road, Maryborough, VIC 3465 Distance Logan St/Majorca Rd (Maryborough) 55 m Gillies St/Majorca Rd (Maryborough) 143 m Loch St/Majorca Rd (Maryborough) 300 m Victoria St/Inkerman St (Maryborough) 338 m Poole StLoch St 445 m POWERED BY HERE ©
POWERED BY HERE ©
"Golden Investment Opportunity: Commercial Property & Residence with Secure, Long-Term Tenant"
This commercial property features a reliable long-term tenant, an exceptional investment opportunity awaits. This unique offering combines business premises and residential home, generating a consistent rental income of $490 per week, with annual increases based on CPI and an existing lease, extending for an additional 4 x 3 years.Rates and water paid by renter.
Nestled on an 832 m² corner allotment, the property boasts ample land space for future possibilities. The weatherboard home includes three bedrooms and a study, perfectly integrated with the adjacent retail premises. Currently operating as a successful takeaway shop with a dedicated long-term tenant for shop and house combined.
While the residential home might not be a showpiece, there's significant potential for updates both inside and out, adding value to this asset. Located in the heart of the goldfields, in the thriving corridor between Bendigo and Ballarat, this property is a promising investment in a growing regional city, Maryborough.
Please note that this property is not available for vacant possession and is competitively priced based on its attractive rental return, land size, and available building space. If this opportunity sparks your interest, we encourage you to reach out for a direct discussion.
Don't miss your chance to secure this investment gem.
TH0412.
Nestled on an 832 m² corner allotment, the property boasts ample land space for future possibilities. The weatherboard home includes three bedrooms and a study, perfectly integrated with the adjacent retail premises. Currently operating as a successful takeaway shop with a dedicated long-term tenant for shop and house combined.
While the residential home might not be a showpiece, there's significant potential for updates both inside and out, adding value to this asset. Located in the heart of the goldfields, in the thriving corridor between Bendigo and Ballarat, this property is a promising investment in a growing regional city, Maryborough.
Please note that this property is not available for vacant possession and is competitively priced based on its attractive rental return, land size, and available building space. If this opportunity sparks your interest, we encourage you to reach out for a direct discussion.
Don't miss your chance to secure this investment gem.
TH0412.
Property ID: 504474964Last Updated: 5 Apr 2024
11-13 Majorca Road
Maryborough, VIC 3465
Ballarat Real Estate - Ballarat 402 Sturt Street
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
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