135 Timor Street,
Warrnambool, VIC 3280
Offices
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Map of 135 Timor Street
Blue Chip Tenant, Healthy Return
This well-located office building in Warrnambools CBD, represents a high yielding investment with long standing tenant (currently 25 years approx.) federal government backed tenant (Australian Hearing).
Measuring approx. 280m2 it currently nets the landlord $69,401.46 per annum equating to a 6.9 – 7.3% yield (depending on purchase price).
Currently under lease until September 2024 with 2 further 3-year options and fixed 2% annual increases, the building is in good condition with the roof having been replaced approximately 7 years ago.
An investment that’s not only a better return than money in the bank; but better by double!
Measuring approx. 280m2 it currently nets the landlord $69,401.46 per annum equating to a 6.9 – 7.3% yield (depending on purchase price).
Currently under lease until September 2024 with 2 further 3-year options and fixed 2% annual increases, the building is in good condition with the roof having been replaced approximately 7 years ago.
An investment that’s not only a better return than money in the bank; but better by double!
Property ID: 504133063Last Updated: 7 Nov 2022
04973436...
135 Timor Street
Warrnambool, VIC 3280
Detailed listing
Harris & Wood - WARRNAMBOOL192 Koroit Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
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233-235 Timor Street,Warrnambool, VIC 3280 2270 m²Shops & Retail • Offices • Showrooms & Large Format Retail