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88 Mortlake Road
Warrnambool VIC 3280
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Sold on 22 Nov 2021

88 Mortlake Road Warrnambool VIC 3280

  • Shop & Retail
  • 200 m²
  • Sold

Mixed Use Investment

A mixed-use investment of commercial & residential.

88 Mortlake road - Commercial.
A commercial property occupied by a long-term fish and chip shop with a good reputation & positive payment history

* Area: 88sqm approx. * Rent: $22,699pa Plus GST * Lease: 3 years starting 01/08/2021
* CPI: Annually * Option: 1x 3 Years * Outgoings paid: WW, WCC, BI

62 Hayley drive - Residential
A two bedroom townhouse on the 2nd level containing an open plan Kitchen/living/dining, gas cooking & dishwasher, two separate living areas, two spacious bedrooms with a semi ensuite, three balconies and a single lockup garage. Currently leased out to a residential tenant.

* 2 Bed townhouse * Rent: $270pw plus GST * Lease: 23/04/2021 to 22/04/2022
* Long tenant since 2017 * Review: 22/04/2022

Positioned in a complex of four units and four commercial shops all leased out on long term leases and located in a highly dense residential area and on one of the main arteries coming into the CBD. The area is seeing rapid growth with nearby commercial and residential expansions which provides the security for the continued market demand for this commercial and residential package.

If you require further details contact agent.

Property Highlights

Date Sold22 Nov 2021
Floor Area200 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017373030
Category
Last updated  24 Nov 2021
Map for 88 Mortlake Road Warrnambool VIC 3280

Property Highlights

Date Sold22 Nov 2021
Floor Area200 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017373030
Category
Last updated  24 Nov 2021

Listed by

James Wright
James Wright
Ludeman Real Estate Warrnambool
Call
0419 877 735

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