18 Napier Street,
Warragul, VIC 3820
Key property information
Tenanted Investment Details
Map of 18 Napier Street
Growth Corridor Freehold Investment Tenanted by Longstanding Local Favourite
- Strategic 2-in-1 Tenant
- Town Centre Position
- Double Fronted Shop
Key highlights include:
- A highly flexible retail property that has been strategically split in two, providing the ability for multiple businesses/revenue streams
- Leased to longstanding tenant Warragul Kitchen Pty Ltd, who operate the highly rated Papa’s Rich Noodle and Saigon Vietnamese Gourmet from the property.
Menu Log Reviews: Papa’s Rich Noodles: Rated 5.2/6 from 227 Reviews and Saigon Vietnamese Gourmet: Rated 4.9/6 from 667 Reviews
- Providing annual income of $44,276** + GST + Outgoings with fixed 3% rental increases
- The double fronted shop is positioned on a well exposed 275 sqm* Commercial 1 Zoned landholding only a 40 m* walk from Warragul town centre
- The convenient location is anchored by major supermarkets (Coles, Aldi & Woolworths), national retailers (McDonalds, Harvey Norman & Priceline) and the Warragul Train Station all within 350 m*
- Warragul is located in the south eastern growth corridor circa 100 km from the Melbourne CBD
- The growing suburb is forecast to see a substantial population increase of 66.7%^ by 2041
** Income as at 2nd December 2021
^ Source: ForecastID
18 Napier Street, Warragul is for sale by Expressions of Interest closing Wednesday 20th October 2021 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Cameron Real Estate:
Stonebridge Property Group:
0448 782 5...
0439 400 0...
Sarah Xi 席子棠
0468 320 2...
Cameron Real Estate:
0431 586 5...
Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:
Property ID: 503898598Last Updated: 23 Oct 2021
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