21 Donnybrook Road,
Norlane, VIC 3214

Shops & Retail

Key property information

Floor area

Sold on

Map of 21 Donnybrook Road

Directions

Entry level commercial investment

4 year lease plus options to 2026
Large neighbourhood catchment
Rear lane access

- Land area of 210 square metres*

- 4 year lease to 2022 plus option to 2026

- Net income of $29,400 per annum plus GST

- Annual CPI rent increases

- Tenant pays usual outgoings

- Abundant parking at the shop front

- High traffic location supported by strong neighbourhood catchment

- Single tenant minimum management

- Zoned Commercial 1

*Approx.

For Sale: Please contact Colliers International agents Jonathon Lumsden on 0402 213 5... or Sam Neale on 0438 480 266 for further details

Norlane, 3214 demographic data

The median household income for Norlane is $909, 34% lower than Regional Victoria's household income of $1,386. Norlane has a younger age profile compared to the rest of Regional Victoria (median age 37 vs 43). Property ownership data shows 42% of property owners in Norlane have a mortgage.

8,682

Population

$909 per week

Median household income

37 years

Median age

Renters

Most residents

Families

Most households