2/638 High Street
Thornbury VIC 3071
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Sold on 18 Nov 2024
2/638 High Street Thornbury VIC 3071
- Shop & Retail
- 85 m²
- Sold, $843,000
YOU'VE WON THE LOTTO WITH THIS INVESTMENT OPPORTUNITY - RENEWED 7 YEAR LEASE TERM
- NEW 7 YEAR LEASE - CIRCA 5 PERCENT YIELD
- WELL ESTABLISHED LOTTO/AGENCY BUSINESS
- TAX DEPRECIATION BENEFITS
- Securely leased retail investment opportunity in the boutique Hive commercial/residential development
- Leased to the very well established Normanby News and Lotto Agency
- Renewed 7 year lease with 2 further options of 7 years to commence 1.11.2024
- Commencing rental of $44,275.55 per annum net plus GST from 1.11.2024.
- The tenant pays
Property Highlights
| Date Sold | 18 Nov 2024 |
|---|---|
| Sold Price | $843,000 |
| Floor Area | 85 m² |
| Parking | 1 x Onsite parking |
| Property ID | 2018273681 |
| Category | |
| Last updated | 17 Feb 2025 |
Map for 2/638 High Street Thornbury VIC 3071
Nearest transport* to 2/638 High Street Thornbury VIC 3071
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Property Highlights
| Date Sold | 18 Nov 2024 |
|---|---|
| Sold Price | $843,000 |
| Floor Area | 85 m² |
| Parking | 1 x Onsite parking |
| Property ID | 2018273681 |
| Category | |
| Last updated | 17 Feb 2025 |
Co-Agents
Ray White Preston
Ray White Preston
More about 2/638 High Street Thornbury VIC 3071
2/638 High Street Thornbury VIC 3071 is categorized as Shop & Retail Property. It has a floor area of 85 m². There are 1 x onsite parkings.The listing ID for this property is 2018273681.
