319 Princes Way,
Traralgon, VIC 3844
Showrooms & Large Format Retail
Price information
Sold
$1,000,000
Key property information
Land area
Floor area
Property extent
Sold on
Map of 319 Princes Way
Incredibly Rare High Yielding Princes Highway Investment - Net Yield Circa 7%
- Brand new lease to Traralgon Motorcycles -- long standing and highly regarded local business for 25 years
- Current rent $80,000 with fixed 3% annual increases, tenant pays all usual outgoings
- Three (3) year lease term with 2 further 3 year options
- Building area 780m2*, comprises showroom, office space, staff amenities, workshop and mezzanine storage
- Site 1382m2*, Princes Highway frontage 24.38m*, good access to rear yard
- Outstanding location on Highway 1, the address of choice for all major national bulky goods retailers
(*approx)
- Current rent $80,000 with fixed 3% annual increases, tenant pays all usual outgoings
- Three (3) year lease term with 2 further 3 year options
- Building area 780m2*, comprises showroom, office space, staff amenities, workshop and mezzanine storage
- Site 1382m2*, Princes Highway frontage 24.38m*, good access to rear yard
- Outstanding location on Highway 1, the address of choice for all major national bulky goods retailers
(*approx)
Property ID: 502657662Last Updated: 5 Apr 2018
04125255...
319 Princes Way
Traralgon, VIC 3844
Wilson Property RCIGround Floor, 62 Church Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
Sending email...
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.
Contact Agent
154 Argyle Street,Traralgon, VIC 3844 500 m²Showrooms & Large Format Retail • Shops & Retail
$850,000
152 Argyle Street,Traralgon, VIC 3844 370 m²Shops & Retail • Other • Showrooms & Large Format Retail
Contact Agent
71-79 Hotham Street,Traralgon, VIC 3844 1889 m²Offices • Shops & Retail • Showrooms & Large Format Retail