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139-141 High Street
Ararat VIC 3377
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Sold on 9 Mar 2023

139-141 High Street Ararat VIC 3377

  • Showrooms / Bulky Goods
  • 840 m²
  • Sold, $1,025,000

2 Commercial Rental Investments in One

For Sale. Two recently constructed, large Commercial Buildings with Western Highway frontage, one securely leased to a reputable tenant and the other vacant & ready to occupy. These two Impressive buildings incorporating, glass fronted Showroom & window display areas, Offices, Warehouse, car parking and completely set up with nothing to do except enjoy your rental returns.
Property features:
139 High Street: Large 32x15x6m steel building = 480 sq.m.
Leased to Lawrence & Hanson, Electrical Specialists.
Term: 3 years, Rent: $33,319.80 pa. approx.
141 High Street: Spacious 24x15x6m steel building = 360 sq.m.
Proposed Lease amount: $30,000 pa. (Currently Unoccupied as Vendor recently vacated).
Potential Return $63,319.80 pa. = 6.1-6.7% return.
Note to Investors: 141 High St is currently For Lease and already has strong interest from prospective tenants so could be leased soon.
Both properties feature large Showroom & Warehouse areas, modern air conditioned Offices, ample Storage including Mezzanine. The modern fit-out incorporate a suspended acoustic panel ceiling, commercial coat paint & square carpet tile floor coverings, cassette split system air conditioning, 3 phase power, disabled unisex toilet, reception sales counter, staff lunch meeting room with kitchen & amenities, awning verandah, gas hot water unit, high bay LED lighting, fantastic access via two x 5.5m high auto remote operated roller doors front & back, 16 car parks including disabled, rear parking & storage area and fully concreted hard stand & car parks for extremely low maintenance.
All this property is offered For Sale for the first time as the owner has recently vacated making it perfect timing for you to set up or expand your business in impressive premises with high profile Western Highway frontage.
Be very quick to enquire & secure this very rare Commercial Investment Property.
Contact Phil Clark on M: 0417 509 025.

Ray White Ararat
Ray White Ararat
179 Barkly Street
Ararat, VIC 3377

Property Highlights

Date Sold9 Mar 2023
Sold Price$1,025,000
Floor Area840 m²
Land Area1,935 m²
ParkingAsk Agent
Property ID2018300170
Category
Last updated  9 Mar 2023
Map for 139-141 High Street Ararat VIC 3377

Nearest transport* to 139-141 High Street Ararat VIC 3377

Bus
Train
Maude St/Moore St (Ararat)344 m
Blake St/Grano St (Ararat)366 m
Kokoda Park/McLellan St (Ararat)462 m
Baird St/Fay St (Ararat)554 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Ray White Ararat
Ray White Ararat
179 Barkly Street
Ararat, VIC 3377

Property Highlights

Date Sold9 Mar 2023
Sold Price$1,025,000
Floor Area840 m²
Land Area1,935 m²
ParkingAsk Agent
Property ID2018300170
Category
Last updated  9 Mar 2023

Listed by

Ray White Ararat
Call
03 53522303

More about 139-141 High Street Ararat VIC 3377

139-141 High Street Ararat VIC 3377 is categorized as Showroom & Bulky Goods Property. It has a floor area of 840 m² and a land area of 1,935 m². The listing ID for this property is 2018300170.

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