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Sold on 2 Jul 2021

157 Baillie Street Horsham VIC 3400

  • Medical / Consulting
  • 430 m²
  • Sold

Golden Opportunity - Solid Returns

    Fully Leased, excellent returns, brilliant location. This tightly held Blue Chip Commercial Investment property is now available For Sale. Spread your risk with a solid mix of Commercial & Residential Tenants, strong Leases in place with annual rent reviews, showing impressive rental returns of $117,800 pa. for the astute investor. This well maintained and renovated property consists of 2 commercial tenancies on the ground floor and 4 residential tenancies on the first floor. This building has consistantly shown these investors excellent returns and occupancy rates. The building is prominantly located in Horsham medical precinct, opposite Lister House Medical Centre, Function Therapy Centre, a 100 place Child Care Centre and walking distance to Horsham Wimmera Base Hospital & main street shopping.
    Ground Floor:
    Commercial: 157A - Horsham Physio & Podiatry Clinic $33,000 pa. plus Outgoings. Leased to 30th June 2022, 2 further terms of 3 years. Outgoings paid by tenant. Floor area: 160m2 with 5 designated carparks.
    Commercial: 157B - $12,000 pa. plus Outgoings. Leased to Hairdresser. 1 designated carpark. Recently renovated, new carpets/painted.
    First Floor:
    Apartment 1: $18,200 pa. $350pw. 2 Bedrooms. Leased
    Apartment 2: $19,760 pa. $380pw. 2 Bedrooms. Leased
    Apartment 3: $13,000 pa. $250 pw. 1 Bedsit. Leased.
    Apartment 4: 2 Bedrooms. $380pw. Freshly Painted. The owners will fully furnish to the standard of the other 3 apartments.

    Note: Apartments 1,2,3 & 4 upstairs apartments are fully furnished. All furniture included in sale.

    Total Rental: $117,800-00

    Call Nola on 0418 504 855 to arrange an inspection

    Nola Brown
    Horsham Real Estate
    Nola Brown
    Horsham Real Estate

    Property Highlights

    Property ID2015363658
    Date Sold2 Jul 2021
    Floor Area430 m²
    Land Area829 m²
    Parking20 x Onsite parkings
    Building TypeWhole building
    Category
    Last updated  2 Jul 2021
    Map for 157 Baillie Street Horsham VIC 3400
    Map for 157 Baillie Street Horsham VIC 3400157 Baillie Street Horsham VIC 3400
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Nola Brown
    Horsham Real Estate
    Nola Brown
    Horsham Real Estate

    Property Highlights

    Property ID2015363658
    Date Sold2 Jul 2021
    Floor Area430 m²
    Land Area829 m²
    Parking20 x Onsite parkings
    Building TypeWhole building
    Category
    Last updated  2 Jul 2021
    Horsham Real Estate
    13 – 17 Firebrace Street Horsham VIC 3400
    Nola Brown
    Horsham Real Estate
    Nola Brown
    Horsham Real Estate

    Ask Nola Brown about this property

    Nola Brown

    Nola Brown

    Horsham Real Estate

    0418 *** ***
    0418 504 855

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