33 Mason Street,
Newport, VIC 3015

A pivotal position in the heart of Newport’s village hub complements this exceptional property, securely leased to a quality tenant on a 5 year term that commenced in February 2013 and features a 3 further terms, each of 5 years. Current rental returns of $35,096 PLUS GST per annum, with an annual increase of 4% further enhance the option to acquire single level spaces including a generous retail display/sales area, central dispensary, a store-room and staff toilet facilities. To the rear, parking for two cars accessed from Durkin Street adds to the investment appeal, surrounded by several commercial premises that also attract considerable customer traffic close to Newport station on some 141.5 m2.