Share this property

realcommercial.com.au

59 Melville Street Numurkah, VIC 3636

Directions

59 Melville Street,
Numurkah, VIC 3636

Shops & Retail • Offices • Warehouse, Factory & Industrial

Price information

Sale - Auction

Contact Agent

Under Contract

Key property information

Land area

Floor area

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$41,486
Number of Tenants
3 Tenants
Tenants / Type
Storage and Professional

Private inspections

to arrange a private inspection.

Map of 59 Melville Street

Directions
  • Bus stops within 5 km of 59 Melville Street, Numurkah, VIC 3636Distance
    Quinn St/Mieklejohn St (Numurkah)217 m
    POWERED BY HERE ©
POWERED BY HERE ©

AMAZING COMMERCIAL INVESTMENT IN NUMURKAH

  • 3 Revenue Streams
  • 16 Storage Sheds
  • 2 Commercial Properties
59 - 61 MELVILLE ST NUMURKAH
This commercial property is located in the heart of Numurkah's main shopping precinct.
With its prime location and 2 street frontages , it offers a great investment opportunity for those looking to expand their portfolio with a perfect blend of 3 revenue streams.
The property itself consists of two retail shopfronts or offices which are both occupied and 16 mixed sized storage sheds on the same site, all currently leased.

The total approximate annual gross rental income from this property is $41,486 AUD.
Shop 1 generates $13,520 AUD per annum Exc GST
Shop 2 generates $9,360 AUD annually. Exc GST
The storage sheds at their current rate will contribute an additional $18,606 AUD per year.
(Please Note: Storage Sheds will fluctuate year on year by their nature)

With a land size of 1337m2 and plenty of potential for growth particularly with the storage side of the property, this property presents a promising investment option.

Impressive Features:
1) Prime location in Numurkah's main shopping precinct
2) Two retail shops or office spaces
3) Sixteen storage sheds on-site of varying sizes
4) All units and shops are currently leased
5) Total approximate annual rental income of $41,486 AUD
6) Land size of 1337m2
7) Potential for future growth
8) Frontage to McCaskill St at the rear

For full details on this exciting opportunity please contact Danny McNamara on 0417 5413...

Additional information

Property ID: 504467336Last Updated: 4 Mar 2024

04175413...
realcommercial.com.au logo
59 Melville Street
Numurkah, VIC 3636
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.