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Property ID: 395219

 

Outstanding Investment Opportunity

5-7 George Street, Portland, VIC 3305

Assets Real Estate Portland & Heywood are proud to present to the market this investment opportunity, with excellent returns and a still solid lease in place to ensure this long standing tenant gives you the security you're after.

• Blue chip tenant $63,000 per annum
• New 3 year lease with a further 2, 3 year options until 2030
• Tenant pays outgoings

This property provides the purchaser with the following benefits;
• Large 2788m2 allotment
• Approximately 500m2 of office and warehouse space
• Sealed yard area
• Current tenure is Coates Hire
• Leased until 2024 with a further 2, 3 year options
• CPI Increases
• Excellent location

Contact one of our experienced agents today to arrange an inspection.

Sold

$950,000

Ben Nash

Stuart Wakely