1/56 High Street Ararat VIC 3377
- Shop & Retail
- 98 m²
- Sold, $215,000
PROMINENT CORNER FREEHOLD INVESTMENT OPPORTUNITY
Ray White Ararat is excited to present this prominent corner freehold investment opportunity at Shop 1, 56 High Street, Ararat. This tenanted freehold investment is positioned in a fantastic location surrounded by a multitude of National operators such as K-Mart, McDonalds, Reject Shop, Vic Roads along with nearby Govt agencies such as Health, Human Services, Medical Centre's & many other complementary businesses. The property benefits from over 20m of exposure to busy High Street along with ample customer parking at the front of the shop and adjacent to the newly redeveloped linkages streetscape project which beautifies the area creating a great precinct for pedestrians, vehicles, public transport and shoppers all driving patrons to your tenant's door. A sound history of tenants in occupancy is it's real strength that gives investors peace of mind. If it's security, prominent location and low maintenance investing you seek then look no further.
• Current Rental: $11,088 p/a net.
• Total land area: 103 sq.m. approx.
• Total building area: 95 sq.m. approx.
• Current Lease Term: 2 + 5 + 5 Years.
• Public Transport at your door.
• Commercial 1 Zone • Terms: 10% Deposit & Settlement 30/60 days.