397-401 Etiwanda Avenue,
Mildura, VIC 3500
Key property information
Map of 397-401 Etiwanda Avenue
Bus stops within 5 km of 397-401 Etiwanda Avenue, Mildura, VIC 3500 Distance Baylee Ave/Thirteenth St (Mildura) 55 m Etiwanda Ave/Thirteenth St (Mildura) 58 m Etiwanda Ave/Twelfth St (Mildura) 242 m Avocado St/Etiwanda Ave (Mildura) 260 m Sunnyside Ave/Thirteenth St (Mildura) 323 mPOWERED BY HERE ©
Great Investment Opportunity in Northern Victoria
Rare Opportunity to Aquire the freehold of 2 retail stores, with space to expand, on 580SqM of land.
Up for sale is 580SqM of land, comprising of two retail freeholds and an empty allotment with scope to sub-divide. Both are currently tenanted, with 3 years additional on one lease, and scope to renew on the other.
Returning approximately $19,650 p/a, and only $3,337 in compulsory outgoings; the property pays for itself.
There is also potential to build on the empty lot on the same property, a surveyor has been consulted and there is space for a 2br unit or an additional store on the same property. With council approval.
Both properties are structurally sound and have recently had cooling updated, and amenities serviced and in good order.
-Tennants pay all outgoings inc rates.
-potential to subdivide
-mixed use zone: commercial/residential.
-200m from a St Pauls Primary School
-300m from the Mildura Showgrounds/Stadiums
-500m from the Mildura Industrial Estates
I do not have an IM for the property, but if you have any further questions, I would be happy to answer them.
If you would like to book a time to see the property, don't hesitate to contact.
This property is at a perfect juncture of schools and commercial property and has excellent curb appeal, being in one of the busiest intersections in all of Mildura.
An excellent investment in a growing area. Some of the shop fitouts are included in the sale price.
Any further questions, of if you'd like a copy of the S32 and leases, don't hesitate to ask.
Phone enquiry code for this property: 3753
Property ID: 502400650Last Updated: 8 Nov 2020
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