This mainstay Wangaratta commercial property is the home of two longstanding and iconic locally owned businesses: The Edwards Street General Store and Edwards Street Quality Meats, each of which are currently in secure leases, and presents a rare opportunity to acquire commercial freehold in the West End of Wangaratta.
Located on the main Wangaratta- Yarrawonga Road - a key arterial road linking many new and existing housing estates with the CBD of Wangaratta, and situated 200 meters from Wangaratta High School and 500 meters from Galen Catholic College 2 Edwards Street presents a rare opportunity to acquire commercial freehold in a high traffic flow area of West Wangaratta.
This is an exciting opportunity for an investor, or a prospective owner-operator with 2 secure leases in place.
Key features:-
Single freehold title
Two longstanding tenancies
Tenant 1: Edwards Street General Store (milk bar, grocery, coffee and takeaway) - approx. 130m2 (includes store room)
Tenant 2: Edwards Street Quality Meats (butchery) - approx. 58m2
High traffic exposure
Approximate 7% gross rental return
Contact Angelo Pomponio or Jonathan Green for further information.