Rare offering to purchase this prominent commercial development site, located in a prime position on the Great Western Highway in Mount Victoria with 4 titles and offering a fantastic opportunity to investors.
The X factors of Mount Victoria General Store include;
• Freehold commercial development site with 4 titles
• Prime location with fantastic street exposure
• Single brick building with abundant parking (currently leased)
• Would suit an investor / developer
• Current lease in place - Mount Victoria General Store & Newsagency/Post Office
• Current rental income - $3296.20/month inc of GST ($35,956.32/annum inc of GST)
• Outgoings include - Insurance $3000/annum
• Excellent investment, same owners for 25 years, high occupancy rates
• Situated opposite the park and only 400m from Mount Victoria station, this property is highly visible.
This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity with the potential to add value with future development.
Inspection by appointment