78 High Street, Yea, VIC 3717

Retail

For Sale $620,000

  • Property ID: 281832
  • Floor Area: 315m²
  • Occupancy: Vacant
  • NBN Availability: Service Available
  • Cafes: 10 nearby
PRIME LOCATION COMMERCIAL PROPERTY. SECURE TENANT. OPPORTUNITY FOR DEVELOPMENT

PRIME LOCATION COMMERCIAL PROPERTY WITH SECURE TENANT AND OPPORTUNITY FOR DEVELOPMENT

This is an excellent opportunity to purchase a commercial property with secure tenant situated in the main street (High Street) of Yea.

Right in the heart of Yea, which is a well renowned tourist destination and an area profound with agriculture, viticulture, aquaculture, market gardens and much more.



TWO OPTIONS FOR THE BUYER:-

Purchase the street frontage property with the building/tenanted lease – total of 455m2
Purchase the TOTAL land which is 936m2 with options to sub-divide and develop

The advertised price is for Option 1 and Option 2 is available for negotiation.

Rental return is $32,246 - with a 5 year lease and annual CPI increases in the lease.

Outgoings are paid by the tennant.

The property has a double window frontage to High street with excellent street front exposure. It is an open plan shop plus 2 x offices at the rear of the shop. Behind this area is a staff kitchen, large storage facility with roller door access plus his & hers toilets.

Current owners are looking to retire and are willing to negotiate for Option 2.

Enquire today to find out more.

Phone enquiries - please quote property ID 19188

Yea Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $170 ---
Retail $1968 --- ---
This is the average advertised price, rent and yield for Yea, VIC 3717*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

No Agent Business

Suite 1a, 608 Hawthorn Rd, Brighton East, VIC 3187

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 78 High Street, Yea, VIC 3717. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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