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
Bus stops within 5 km of 59 Melville Street, Numurkah, VIC 3636 Distance 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...
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
Documents
Property ID: 504467336Last Updated: 4 Mar 2024
04175413...
59 Melville Street
Numurkah, VIC 3636
Maurice McNamara & Company First National - Numurkah56 Melville Street
NUMURKAH, VIC 3636
NUMURKAH, VIC 3636
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