11 Lyons Street,
Newstead, VIC 3462
Shops & Retail
Key property information
Land area
Floor area
Car spaces
Tenure type
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Map of 11 Lyons Street
Solid freehold investment - regional IGA supermarket with bakery.
Prime position in the centre of Newstead township this substantial solid brick, historic building offers a secure investment in the heart of Newstead village.
The property offers:
2 secure long term tenancies (IGA friendly grocer national tenant and independent pottery) with excellent options.
Excellent return of $78,000 including GST plus outgoings
CPI increase and market review built into leases.
Large open supermarket retail space, bakery area, storeroom, managers office and bedroom residence.
Baltic pine lined vaulted ceiling in main area and brick chimney
Tenancy toilets.
Rear yard access.
Plenty of street parking
Predominant corner block
Main Street frontage
Long established community supported supermarket
This is an rare opportunity to secure 7.8% return income investment in Central Victoria.
The property offers:
2 secure long term tenancies (IGA friendly grocer national tenant and independent pottery) with excellent options.
Excellent return of $78,000 including GST plus outgoings
CPI increase and market review built into leases.
Large open supermarket retail space, bakery area, storeroom, managers office and bedroom residence.
Baltic pine lined vaulted ceiling in main area and brick chimney
Tenancy toilets.
Rear yard access.
Plenty of street parking
Predominant corner block
Main Street frontage
Long established community supported supermarket
This is an rare opportunity to secure 7.8% return income investment in Central Victoria.
Newstead, 3462 demographic data
The median household income for Newstead is $1,105, 20% lower than Regional Victoria's household income of $1,386. Newstead has an older age profile compared to the rest of Regional Victoria (median age 51 vs 43). Property ownership data shows 48% of property owners in Newstead have a mortgage.
820
Population
$1,105 per week
Median household income
51 years
Median age
Owners
Most residents
Families
Most households
11 Lyons Street
Newstead, VIC 3462
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