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93 High STreet Terang, VIC 3264

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93 High STreet,
Terang, VIC 3264

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Dual use investment

A rare opportunity for the astute investor, with 2 dwellings fronting both The Promenade and High Street in Terang’s main street.

Currently leased, 17 The promenade offers a 3 bedroom brick home with a large yard, returning $280 per week. Features include a large double carport, woodfire and split system, with its own access from the Promenade. The renter is long term and welcomes the opportunity to further the lease..

With a commanding street frontage and currently leased by NAB, the High Street site gives the opportunity to own a commercial site in a high traffic location.

Currently leased for approx $17,000 per annum, the building offers mezzanine floor storage, male and female bathrooms, 2 separate office spaces and kitchenette.

Currently all on one title, the site appeals to a wide range of buyers from end users to the investor, call to request your interest today.

Terang, 3264 demographic data

The median household income for Terang is $1,162, 16% lower than Regional Victoria's household income of $1,386. Terang has an older age profile compared to the rest of Regional Victoria (median age 49 vs 43). Property ownership data shows 38% of property owners in Terang have a mortgage.

2,254
Population
$1,162 per week
Median household income
49 years
Median age
Owners
Most residents
Families
Most households
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93 High STreet
Terang, VIC 3264
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