Situated on the best side of Manifold Street and arguably one of the greatest retail positions in town, don't miss this rare opportunity to invest in this substantial property in the historic town of Camperdown, Victoria. Owned by the same family for 37 years this coveted location, 185 – 191 Manifold Street, Camperdown, has commercial main street frontage comprising of four shops plus two substantial residential premises to the rear, 66a and 66b Scott Street Camperdown, currently tenanted under the Residential Tenancies Act.
The shops are set amongst the main shopping precinct, surrounded by cafes and stylish boutiques with a current return of $65,738 per annum. As such this property offers huge potential to further enhance this beautiful township, a popular weekend destination as much as attracting tree-changers looking for the country lifestyle. Camperdown is situated 50 minutes from Warrnambool and 30 minutes to Colac with its own speciality shops, medical centre, primary and secondary schools, rich history and Lake Bullen Merri frequented by keen fisherman, sailing clubs and ideal for water sports.
Estimated selling price between $1,025,000 - $1,125,000
Yield Ranging from 5.8% - 6.4%