116 Fairy Street,
Warrnambool, VIC 3280
Offices • Shops & Retail • Medical & Consulting
Key property information
Land area
Floor area
Property extent
Tenure type
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Ludeman Real Estate Pty Ltd - WARRNAMBOOL
122 Liebig StreetWARRNAMBOOL, VIC 3280
116 Fairy Street
Warrnambool, VIC 3280
Map of 116 Fairy Street
Commanding Freehold Building with Recent $1 Million + Upgrade
- Suits owner occupiers or investors
- Impressive 523sqm* of lettable area
- Significant 1,198sqm* freehold site
Burgess Rawson, together with Ludeman Real Estate, are pleased to offer to the market the 116 Fairy Street, Warrnambool VIC for sale via Expressions of Interest.
The property has the following key highlights:
+ Suits owner occupiers, investors and value add buyers - to be sold with vacant possession.
+ Commanding 523sqm* two level building with recent $1 million+ upgrade.
+ Significant depreciation benefits.
+ Building incorporates impressive office split over two levels including 5 offices, meeting room, training room and staff room.
+ Plus ground floor retail tenancy including large commercial kitchen.
+ Brand new lift providing access between ground floor and first floor.
+ Large basement for storage, large garage and storage sheds.
+ Significant 1,198sqm* freehold C1Z landholding with 19 metre* frontage.
+ Important vehicular access via Fairy Street to ample on-title car parking.
+ Prime position in heart of Warrnambool CBD in key office precinct.
+ Warrnambool: Victoria's largest coastal city (outside Port Phillip Bay) with a growing trade catchment circa 100,000.
+ Potential 50% Stamp duty Saving.
+ Potential Fully Leased Income: $160,000pa* + GST
For Sale via Expressions of Interest
Closing 3pm Thursday 24th of October 2024
*Approx
The property has the following key highlights:
+ Suits owner occupiers, investors and value add buyers - to be sold with vacant possession.
+ Commanding 523sqm* two level building with recent $1 million+ upgrade.
+ Significant depreciation benefits.
+ Building incorporates impressive office split over two levels including 5 offices, meeting room, training room and staff room.
+ Plus ground floor retail tenancy including large commercial kitchen.
+ Brand new lift providing access between ground floor and first floor.
+ Large basement for storage, large garage and storage sheds.
+ Significant 1,198sqm* freehold C1Z landholding with 19 metre* frontage.
+ Important vehicular access via Fairy Street to ample on-title car parking.
+ Prime position in heart of Warrnambool CBD in key office precinct.
+ Warrnambool: Victoria's largest coastal city (outside Port Phillip Bay) with a growing trade catchment circa 100,000.
+ Potential 50% Stamp duty Saving.
+ Potential Fully Leased Income: $160,000pa* + GST
For Sale via Expressions of Interest
Closing 3pm Thursday 24th of October 2024
*Approx
Warrnambool, 3280 demographic data
31,308
Population
$1,385 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
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ANZ, 128 Liebig Street,Warrnambool, VIC 3280 375 m²Shops & Retail • Showrooms & Large Format Retail • Offices