PRIME LOCATION COMMERCIAL PROPERTY. SECURE TENANT. OPPORTUNITY FOR DEVELOPMENT
Phone enquiries - please quote property ID 19188
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.