Development/Land | Offices | Retail

Property ID: 399264

 

OUTSTANDING INVESTMENT - GREAT LOCATION

199 Main Street, Lilydale, VIC 3140

This retail, warehouse and land site is on the market for sale for the first time in 30 years and offers endless possibilities due the location, land size and building layout.  The site includes 2 shops facing Main Street which are 180 square metres and 200 square metres in size.  One shop is currently leased out at a rental of $23,455.56 per annum plus GST plus outgoings on a 3 year lease with a 3 year lease option.  The lease commenced on the 1/6/2016.  The second shop is leased out at $22,037.40 plus GST plus outgoings on an 8 year lease with an 8 year option. The warehouse and yard is leased at a rental of $18,000 per annum plus GST plus outgoings. Features of the property don't stop at the two shops there is also a warehouse area below which is 280 square metres and a locked up hard stand area of 250 square metres.  This site will offer the lucky purchaser multi options. 

Features Include:

- Total building size: 660 square metres
- Total land size: 669 square metres
- 2 x shops
- Warehouse space
- Rear yard area (250 square metres)
- Excellent location
- Rear access (Rear lane)
 

Sold

$1,715,000

Mr Andrew Hill