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Affordable, Entry Level Investment – 5 Year Lease, 3% Fix...

7/1 Burke Street, WARRAGUL VIC, 3820

For Sale

Property for Sale in 7/1 Burke Street, WARRAGUL VIC, 3820

Wilson Property RCI

25 Hotham Street, Traralgon, VIC 3844

Listing ID:
11344513
Status:
Active
For:
Sale
Price:
$499,000 excl. GST
Last Updated:
05/08/2020
Icon building

Property Type

Other
Icon square

Land Area

N/A
Icon size

Floor Area

50 SQM
Icon parking

Parking

138

Affordable, Entry Level Investment – 5 Year Lease, 3% Fixed Increases

- An outstanding opportunity to buy a secure, affordable, entry level, commercial freehold investment.
- “The Coffee Pod” is a very successful local business in one of regional Australia's boom towns.
- 5 year lease commenced 1st September, 2018 with 3 further 5 year options.
- Current rent $25,750 p.a., 3% fixed annual increases.
- Tenant pays all usual outgoings.
- Located within highly sought development surrounded by National brands, include Supercheap Auto, Petbarn, BCF and others, with strong passing vehicular traffic.

Please note: The business is not for sale - freehold only.

For more details, please email agent

Wilson Property RCI

25 Hotham Street, Traralgon, VIC 3844


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