Share this property

realcommercial.com.au

75 Princes Highway Yarragon, VIC 3823

Directions

75 Princes Highway,
Yarragon, VIC 3823

Other

Price information

Sold

$475,000

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 75 Princes Highway

Directions

TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE

Situated in the bustling tourism town of Yarragon, approx. 120km east of Melbourne, this attractive commercial property presents an excellent opportunity for a discerning buyer.

Located in a prime corner position on Princes Highway and Rollo Street in a Commercial 1 zone, the 580m2 allotment comprises a former residence that is currently leased to the Gippsland Grazer. The building comprises several principal rooms plus kitchen and renovated bathroom. Externally, there is an undercover patio area plus off-street parking for 2 vehicles via side access off Rollo Street.

Key lease details are as follows:

- 2 years from 0/01/2023
- $23,500p.a + GST
- CPI increases during the term and market review at option
- 1 x further term of 2 years
- Tenant pays outgoings

Benefit from the on-going rental return and future potential of the site on the Highway connecting Melbourne to East Gippsland.

For further information or to arrange an inspection, contact Hockingstuart Warragul.

Property ID: 504192175Last Updated: 2 Jun 2023

realcommercial.com.au logo
75 Princes Highway
Yarragon, VIC 3823
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

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.

More properties from Hockingstuart - Warragul

Other properties you might be interested in based on the location and property type you are looking at.