68 Burdoo Drive (cnr Pioneer Road),
Grovedale, VIC 3216
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Map of 68 Burdoo Drive (cnr Pioneer Road)
20 year lease (4x 5yr options) - HIGH RETURNS
Do the math! these returns are massive.....
Investing your money does not get any more secure than this high yield, fixed long term lease on a high profile corner with future residential development potential.
With 14 years to run on a 20 year lease, the return currently sits at $43,098 as of 2021 with a fixed increase of 3.3% per annum ensuring your income well into the future.
The lease also enjoys the perks of a commercial agreement with many of the outgoings falling on the tenant maximising your net yield.
The shop front has been long standing as a milk bar, with cool room, storage room/office and bathroom with adjoining residence.
The adjoining home has 3 bedrooms, bathroom, laundry and open plan kitchen / living.
Located in central Grovedale on a high profile corner residential allotment of 711m2 approx., the future capital growth and capital improvement potential is the cherry on top of this already high yield investment.
Call Dion Plumb on 0424 940 6... for more information.
Investing your money does not get any more secure than this high yield, fixed long term lease on a high profile corner with future residential development potential.
With 14 years to run on a 20 year lease, the return currently sits at $43,098 as of 2021 with a fixed increase of 3.3% per annum ensuring your income well into the future.
The lease also enjoys the perks of a commercial agreement with many of the outgoings falling on the tenant maximising your net yield.
The shop front has been long standing as a milk bar, with cool room, storage room/office and bathroom with adjoining residence.
The adjoining home has 3 bedrooms, bathroom, laundry and open plan kitchen / living.
Located in central Grovedale on a high profile corner residential allotment of 711m2 approx., the future capital growth and capital improvement potential is the cherry on top of this already high yield investment.
Call Dion Plumb on 0424 940 6... for more information.
Grovedale, 3216 demographic data
The median household income for Grovedale is $1,477, 7% higher than Regional Victoria's household income of $1,386. Grovedale has a younger age profile compared to the rest of Regional Victoria (median age 41 vs 43). Property ownership data shows 47% of property owners in Grovedale have a mortgage.
14,869
Population
$1,477 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
04249406...
68 Burdoo Drive (cnr Pioneer Road)
Grovedale, VIC 3216
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