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75 Princes Highway Yarragon, VIC 3823

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75 Princes Highway,
Yarragon, VIC 3823

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Map of 75 Princes Highway

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TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE

Situated in the bustling tourism town of Yarragon, approx. 120km east of Melbourne, this attractive commercial property presents an excellent opportunity for a discerning buyer.

Located in a prime corner position on Princes Highway and Rollo Street in a Commercial 1 zone, the 580m2 allotment comprises a former residence that is currently leased to the Gippsland Grazer. The building comprises several principal rooms plus kitchen and renovated bathroom. Externally, there is an undercover patio area plus off-street parking for 2 vehicles via side access off Rollo Street.

Key lease details are as follows:

- 2 years from 0/01/2023
- $23,500p.a + GST
- CPI increases during the term and market review at option
- 1 x further term of 2 years
- Tenant pays outgoings

Benefit from the on-going rental return and future potential of the site on the Highway connecting Melbourne to East Gippsland.

For further information or to arrange an inspection, contact Hockingstuart Warragul.

Yarragon, 3823 demographic data

1,893
Population
$1,363 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
04173507...
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75 Princes Highway
Yarragon, VIC 3823
Hockingstuart - Warragul
66 Queen Street
WARRAGUL, VIC 3820

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