FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY, 30 NOVEMBER AT 2PM Acre site in Warrnambool's Central Retail Precinct.
- High exposure site
- Lease back opportunity (Callaghan Motors)
- Land Area: 4,400sqm
- Building Area: 2,674sqm
- Prime central location
- Access off Fairy & Lava Streets
- Zoned: Commercial 1
- Shops, Cafes, Bars, Restaurants near by
- Commercial investment opportunity
"1 ACRE SITE IN CBD" 127-145 Fairy Street & 239 Lava Street, Warrnambool.
Features include:- Development/Retail/Investment Offices. High exposure site with a Lease back opportunity (Callaghan Motors). Land area 4,400m2 approx Building Area 2674m2 approx We are delighted to offer for sale this central commercial property which offers a prospective purchaser a highly sought after location in the heart of Warrnambool's business district. The key attributes of the fantastic property are:- Prime Central Location; Access off Fairy & Lava Streets Commercial Zone 1 Shops, Cafes, Bars, Restaurants nearby Commercial Inves...
Blue Chip Tenant, 7.5% Return This commercial office space measuring approx 280m2, represents a high yielding, well located investment opportunity. With long standing federal government backed tenant (Australian Hearing) currently under lease until April 2018, it currently returns the landlord $65,612 per annum equating to a net 7.5% yield. The building is in good condition with the roof having being replaced approximately 3 years ago. Not only a better return than money in the bank, but better by double!