11 Lyons Street Newstead VIC 3462

Prime position in the centre of Newstead township this substantial solid brick, historic building offers a secure investment in the heart of Newstead village.

The property offers:
2 secure long term tenancies (IGA friendly grocer national tenant and independent pottery) with excellent options.
Excellent return of $78,000 including GST plus outgoings
CPI increase and market review built into leases.
Large open supermarket retail space, bakery area, storeroom, managers office and bedroom residence.
Baltic pine lined vaulted ceiling in main area and brick chimney
Tenancy toilets.
Rear yard access.
Plenty of street parking
Predominant corner block
Main Street frontage
Long established community supported supermarket

This is an rare opportunity to secure 7.8% return income investment in Central Victoria.